Meituan (MPNGY)
Meituan operates in the Specialty Retail industry of the Consumer Cyclical sector, headquartered in Beijing, BE, CN. The stock last traded at $18.18, down 0.49% on the session, giving a market capitalisation of $56.10B. On trailing twelve-month figures it carries a trailing P/E of -9.73, a net margin of -10.1%. Its beta of 0.20 implies it has historically moved less than the broad market.
Meituan operates a vast digital platform, offering a comprehensive suite of services to consumers. The company's business model is structured around three primary divisions: Food Delivery, In-store & Hotel & Travel, and a segment dedicated to New Initiatives and Other ventures. The Food Delivery arm enables customers to easily place orders for prepared meals from a variety of restaurants. Within the In-store, Hotel & Travel segment, users can book local consumer services across numerous categories or make reservations for lodging and tourist attractions. The New Initiatives and Others division encompasses a diverse array of offerings, including B2B food distribution, Meituan's grocery service, rapid delivery solutions like Meituan Instashopping, community e-commerce, shared transportation services (such as bikes and electric mopeds), and micro-lending. Founded in 2003, this Beijing, China-headquartered company was formerly known as Meituan Dianping before adopting its current name, Meituan, in October 2020.
Meituan is most often compared with the following Consumer Cyclical names: