Meituan
HKEX:3690

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Meituan
HKEX:3690
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Price: 158.6 HKD 0.13% Market Closed
Market Cap: 965.1B HKD
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Meituan
Pre-Tax Income

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
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Meituan
Pre-Tax Income Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Pre-Tax Income CAGR 3Y CAGR 5Y CAGR 10Y
Meituan
HKEX:3690
Pre-Tax Income
ÂĄ23.1B
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Vipshop Holdings Ltd
NYSE:VIPS
Pre-Tax Income
ÂĄ10.5B
CAGR 3-Years
15%
CAGR 5-Years
20%
CAGR 10-Years
28%
Alibaba Group Holding Ltd
NYSE:BABA
Pre-Tax Income
ÂĄ109.7B
CAGR 3-Years
-6%
CAGR 5-Years
-9%
CAGR 10-Years
12%
Pinduoduo Inc
NASDAQ:PDD
Pre-Tax Income
ÂĄ127B
CAGR 3-Years
487%
CAGR 5-Years
N/A
CAGR 10-Years
N/A
JD Health International Inc
HKEX:6618
Pre-Tax Income
ÂĄ2.7B
CAGR 3-Years
N/A
CAGR 5-Years
54%
CAGR 10-Years
N/A
JD.Com Inc
HKEX:9618
Pre-Tax Income
ÂĄ43.2B
CAGR 3-Years
18%
CAGR 5-Years
55%
CAGR 10-Years
N/A
No Stocks Found

Meituan
Glance View

Market Cap
986.7B HKD
Industry
Retail

In the bustling landscape of China's digital economy, Meituan has carved out a formidable presence as a multifaceted platform, central to the lives of millions. Founded in 2010 by Wang Xing, the company began its journey as a group-buying site, reminiscent of the early days of Groupon. However, it swiftly evolved, embracing a far-reaching vision to become the indispensable marketplace for local services. At its core, Meituan functions as a super app, weaving together a diverse array of offerings—from food delivery and restaurant bookings to hotel reservations and ride-hailing services. This strategic integration of services enables Meituan to attract a vast user base, entrenching itself deeply into everyday consumer transactions across China. Financially, Meituan capitalizes on multiple revenue streams to fuel its growth. Its most prominent income sources are commissions from merchants and service providers, advertising fees paid by businesses eager to engage its massive audience, and delivery fees charged to consumers. These streams are complemented by Meituan's foray into emerging sectors like grocery delivery, which has seen a surge in demand. The company's business model thrives on the network effect; as more users flock to the platform, more merchants and service providers are drawn to it, creating a virtuous cycle of growth. The synergy of data analytics and AI-powered recommendations further enhances user engagement, optimizing service delivery and efficiency. This technological prowess, combined with strategic partnerships and consistent innovation, positions Meituan as a key architect in shaping China's digital consumer experience.

Intrinsic Value
189.95 HKD
Undervaluation 17%
Intrinsic Value
Price

See Also

What is Meituan's Pre-Tax Income?
Pre-Tax Income
23.1B CNY

Based on the financial report for Jun 30, 2024, Meituan's Pre-Tax Income amounts to 23.1B CNY.

What is Meituan's Pre-Tax Income growth rate?
Pre-Tax Income CAGR 1Y
182%

Over the last year, the Pre-Tax Income growth was 182%.

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