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Profile

Meituan is the largest food delivery service in China, with a 70.7% share of the market in 2020 per the Chinese government. For the quarter-ended Sept. 30, 2021, the firm generated 54.2% of revenue from food delivery services, 17.7% from hotel booking, coupon sales, advertising, and 28.1% from new initiatives. In the long term, its new initiatives business may transform the company into an all-encompassing grocer and logistics business involving community group buying, nonfood delivery, and online grocery, overtaking food delivery as its main business.
URL https://about.meituan.com
Investor Relations URL N/A
HQ State/Province N/A
Sector Consumer Cyclical
Industry Internet Retail
Equity Style Large Cap/Growth
Next Earnings Release Mar. 22, 2024 (est.)
Last Earnings Release Sep. 27, 2023
Next Ex-Dividend Date N/A
Last Ex-Dividend Date N/A

Profile

Meituan is the largest food delivery service in China, with a 70.7% share of the market in 2020 per the Chinese government. For the quarter-ended Sept. 30, 2021, the firm generated 54.2% of revenue from food delivery services, 17.7% from hotel booking, coupon sales, advertising, and 28.1% from new initiatives. In the long term, its new initiatives business may transform the company into an all-encompassing grocer and logistics business involving community group buying, nonfood delivery, and online grocery, overtaking food delivery as its main business.
URL https://about.meituan.com
Investor Relations URL N/A
HQ State/Province N/A
Sector Consumer Cyclical
Industry Internet Retail
Equity Style Large Cap/Growth
Next Earnings Release Mar. 22, 2024 (est.)
Last Earnings Release Sep. 27, 2023
Next Ex-Dividend Date N/A
Last Ex-Dividend Date N/A