Skip to Content

Meituan ADR MPNGY Stock Quote

| Rating as of

PINX:MPNGY

Morningstar‘s Stock Analysis MPNGY

Valuation
Currency in USD
Is it the right time to buy or sell?
Is it the right time to buy or sell?

1-Star Price

INVESTOR

5-Star Price

INVESTOR

Economic Moat

INVESTOR

About Quantitative Ratings

Morningstar Quantitative ratings for equities (denoted on this page by) are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies withratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating. Click here for more on how to use these ratings.

Key Statistics MPNGY

Company Profile MPNGY

Business Description

Meituan is the largest food delivery service in China, with a 70.7% share of the food delivery 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. However, 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, and overtake food delivery as its main business.

Contact
No. 4 Wang Jing East Road, Block B and C, Hengjiweiye Building
Beijing, 100102, China, People's Republic of
T +86 10107888
Industry Internet Retail
Most Recent Earnings Jun 30, 2022
Fiscal Year End Dec 31, 2022
Employees 90,472