Meituan

OverviewSuggest Edit

Meituan is a platform for services aiming to leverage technology to connect consumers and local merchants. Its ecosystem adopts a Food + Platform strategy, encompassing high-frequency services such as food delivery, grocery delivery, bike-sharing, community group-purchasing, and booking hotel, travel, or movie tickets.

TypePublic
Founded2003
HQBeijing, CN
Websiteabout.meituan.com

Latest Updates

Employees (est.) (Apr 2022)69,205
Job Openings2,398
Revenue (FY, 2021)¥179.1 B(+57%)
Share Price (May 2022)$158.6
Cybersecurity ratingCMore
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Key People/Management at Meituan

Tao Zhang

Tao Zhang

Founder & CEO
Shuhong Ye

Shuhong Ye

CFO
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Meituan Office Locations

Meituan has an office in Beijing
Beijing, CN (HQ)
No.6 Wangjing East Road
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Meituan Financials and Metrics

Meituan Revenue

Meituan's revenue was reported to be ¥179.13 b in FY, 2021
CNY

Revenue (FY, 2021)

179.1b

Gross profit (FY, 2021)

49.0b

Net income (FY, 2021)

(23.5b)

EBITDA (FY, 2021)

(14.4b)

EBIT (FY, 2021)

(24.8b)

Market capitalization (26-May-2022)

1.1t

Closing stock price (26-May-2022)

158.6

Cash (31-Dec-2021)

32.5b

EV

1.1t
Meituan's current market capitalization is $1.1 t.
Annual
CNYFY, 2018FY, 2019FY, 2020FY, 2021

Revenue

65.2b97.5b114.8b179.1b

Cost of goods sold

(45.8b)(62.3b)(77.4b)(130.1b)

Gross profit

19.6b35.2b37.4b49.0b

R&D expense

(7.0b)(8.2b)(10.6b)(16.2b)
Half Year
CNYH1, 2019H1, 2020H1, 2021

Revenue

41.9b41.5b80.8b

Cost of goods sold

(25.9b)(25.7b)(58.1b)

Gross profit

16.1b16.8b22.6b

R&D expense

(4.1b)(4.7b)(7.2b)
Annual
CNYFY, 2018FY, 2019FY, 2020FY, 2021

Cash

17.0b13.4b17.1b32.5b

Accounts Receivable

466.3m676.8m1.0b1.8b

Prepaid Expenses

3.8b2.0b2.7b4.5b

Inventories

400.2m275.2m466.5m681.7m
Half Year
CNYH1, 2019H1, 2020H1, 2021

Cash

10.2b13.9b71.4b

Accounts Receivable

590.8m859.7m1.4b

Prepaid Expenses

3.3b2.4b3.1b

Inventories

286.4m284.4m504.0m
Annual
CNYFY, 2018FY, 2019FY, 2020FY, 2021

Net Income

(115.5b)2.8b4.4b(23.6b)

Depreciation and Amortization

5.4b4.8b5.2b8.9b

Inventories

(168.7m)95.0m(191.3m)(40.6m)

Accounts Payable

2.1b1.3b4.0b3.3b
Half Year
CNYH1, 2019H1, 2020H1, 2021
CNYFY, 2018

Revenue/Employee

4.4m
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Meituan Acquisitions / Subsidiaries

Company NameDateDeal Size
MobikeApril 04, 2018$2.7 b

Meituan Revenue Breakdown

Embed Graph

Meituan revenue breakdown by business segment: 53.8% from FOOD DELIVERY, 18.2% from IN-STORE, HOTEL & TRAVEL and 28.1% from NEW INITIATIVES AND OTHERS

Meituan Cybersecurity Score

Cybersecurity ratingPremium dataset

C

79/100

SecurityScorecard logo

Meituan Online and Social Media Presence

Embed Graph

Meituan News and Updates

Mainland Investors Buy Tencent And Meituan On Weakness

Asian equities were largely lower though China, Taiwan, Malaysia, and Thailand managed gains.

ByteDance names ex-Xiaomi, Meituan legal rep as new CFO

Julie Gao previously advised ByteDance on its acquisition of Musical.ly and Moonton.

Meituan launches assistant app for livestreamers

The free feature improves on the firm's livestreaming features with group purchases and orders as well as exchange vouchers and tickets.

Meituan to lay off 20% of delivery staff in grocery unit

The job cuts come amid mounting pressure on tech firms to replace higher-income employees with cheaper staff to lower operating costs. 

Meituan Shares Surge as Much as 15% After Earnings Report

Meituan Shares Surge as Much as 12% in Hong Kong After Earnings

Chinese tech stocks mostly rise as Meituan jumps more than 11% in mixed Asia trading

Profits at China's industrial firms rose 5.0% for the January to February period as compared with a year earlier, according to data released Sunday.
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Meituan Frequently Asked Questions

  • When was Meituan founded?

    Meituan was founded in 2003.

  • Who are Meituan key executives?

    Meituan's key executives are Tao Zhang and Shuhong Ye.

  • How many employees does Meituan have?

    Meituan has 69,205 employees.

  • What is Meituan revenue?

    Latest Meituan annual revenue is ¥179.1 b.

  • What is Meituan revenue per employee?

    Latest Meituan revenue per employee is ¥2.6 m.

  • Who are Meituan competitors?

    Competitors of Meituan include Dada Nexus, Foursquare and Ele.me.

  • Where is Meituan headquarters?

    Meituan headquarters is located at No.6 Wangjing East Road, Beijing.

  • Where are Meituan offices?

    Meituan has an office in Beijing.

  • How many offices does Meituan have?

    Meituan has 1 office.