Meituan (MPNGY) Research
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.
Market snapshot
- Symbol
- MPNGY
- Price
- $18.18
- Day change
- -3.25%
- Market cap
- $382.9B
- P/E ratio
- -9.43x
- 52-week range
- 18.07-34.77
- Sector
- Consumer Cyclical
- Industry
- Specialty Retail
- Next earnings
- in 2 months
Recent news
- Alibaba Reportedly Eyeing A Super-Sized Bid For Pupu Following Meituan's Dingdong Deal
Alibaba is reportedly offering $1.5 billion for regional online grocer Pupu, more than double the $600 million offered by a previous bidder
- Meituan Logs Another Loss Amid Food-Delivery Price War
China's top food-delivery company stayed in the red for the third consecutive quarter.
- Brazil's iFood sues Meituan-backed Keeta over alleged espionage
Brazilian food delivery app iFood, owned by Dutch investment group Prosus , is suing rival Keeta, controlled by Chinese group Meituan , for alleged unfair competition in Brazil.
Peer companies
Open Meituan (MPNGY) in Thesis for live fundamentals, charts, options context, and portfolio-aware Copilot follow-ups.