OTCM
MPNGY
Market cap56bUSD
Oct 30, Last price
18.31USD
1D
2.69%
1Q
-22.84%
IPO
-27.46%
Name
Meituan
Chart & performance
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Profile
Meituan functions as a leading technology-driven retail enterprise, with operations spanning mainland China, Hong Kong, Macao, Taiwan, and other international markets. Its extensive business is segmented into two primary areas: Core Local Commerce and New Initiatives. Within its Core Local Commerce division, Meituan is widely recognized for its robust food delivery services. It also empowers consumers to effortlessly discover and book a diverse range of local consumer services offered by various brick-and-mortar merchants, in addition to facilitating reservations for hotels, attractions, and transportation tickets. Beyond these core offerings, the company's portfolio extends to the sale of goods through its B2B food distribution network and Meituan grocery. Its "New Initiatives" segment embraces a wide array of ventures, including community group buying (Meituan Select), shared mobility solutions like bike and e-moped sharing, mobile charging services (power banks), and micro-credit facilities. Furthermore, Meituan provides cloud computing services, offers IT and advisory support to merchants, delivers online marketing solutions, and manages an e-commerce service platform. The company, founded in 2003 and headquartered in Beijing, China, was formerly known as Meituan Dianping before officially adopting the name Meituan in October 2020.
Key people
Puzhong Wang
Chief Executive Officer - Core local commerce segment · since 2023
Shaohui Chen
Chief Financial Officer, Senior Vice President · since 2014
Rongjun Mu
Senior Vice President, Executive Director · since 2018
Chuan Zhang
Senior Vice President · since 2017
Executive Chairman of the Board, Chief Executive Officer, Founder · since 2015
Joint Company Secretary · since 2018
Sijia Xu
Joint Company Secretary · since 2020
Independent Non-Executive Director · since 2018
Independent Non-Executive Director · since 2018
Independent Non-Executive Director · since 2018
Mun Tak Yang
Independent Director Non-Executive · since 2023
Headquarters & legal address
Ugland House, PO Box 309
Ugland House, PO Box 309 KY1-1104
KY
Ugland House, PO Box 309 KY1-1104
KY
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