What does Meituan-Dianping do?
Meituan Dianping is a Chinese company that aspires to be the Amazon of services. Its apps connect consumers with local businesses for food takeout, hotel bookings, and movie tickets, among other services.
How does Meituan-Dianping make money?
Income from commission and advertisements are the key revenue sources of Meituan. The major revenue source of Meituan is commission income received from merchants and suppliers such as restaurants, store owners, and other vendors. For each request, they earn a specific amount of commission as a middle man.
Does Alibaba own Meituan?
Alibaba Group Holding Ltd signed a deal estimated at $900 million to offload its investment in Meituan-Dianping, China’s biggest provider of online restaurant bookings, movie ticketing and a host of other on-demand services.
Is Meituan profitable?
The unit posted an operating profit margin of 43.3%, better than all of the company’s other businesses. By comparison, Meituan’s new businesses, though logging revenue of 50.3 billion yuan last year, incurred an even larger 88.7 billion yuan in marketing and operational costs last year, 133% higher than 2020.
What kind of company is Meituan?
Meituan operates as a web based shopping platform for locally found consumer products and retail services. The Company offers deals of the day by selling vouchers on local services and entertainment, dining, delivery, and other services. Meituan provides its services throughout China.
Who is the owner of Meituan?
Wang Xing
Wang Xing is founder and CEO of Meituan, a group created through a 2015 merger of Groupon-like group buying site Meituan and Yelp-like Dianping.com. Meituan Dianping went public on the Hong Kong Stock Exchange in 2018. Wang Xing received a master’s degree in computer engineering from University of Delaware in 2005.
Is Meituan only in China?
In Q2 2021, GTV of Meituan food delivery business increased by 59.5% year over year….Meituan.
| Meituan logo with name in English | |
|---|---|
| Type of business | Public |
| Founded | May 2010 |
| Headquarters | Beijing, China |
| No. of locations | 1000+ |
Who owns Meituan?
By May 2014, the company had 5,000 employees….Meituan.
| Meituan logo with name in English | |
|---|---|
| Type of business | Public |
| Founder(s) | Wang Xing |
| Key people | Wang Xing, Fu Lihui, Mu Rongjun, Liang Foxing |
| Industry | Internet company |
Is Meituan a good stock?
The P/S ratio is considered a good tool for valuing young companies with great potentials. Meituan is now trading at 13.07x P/S, significantly below its rival PDD’s 18.05x, as well as its own three-month average of 14.62x.
How many users does Meituan have?
Meituan revenues up 31% in Q4 2021, reaching 691 million paying users.
Does Meituan operate outside China?
Meituan, parent company of Mobike, has confirmed that the Chinese bike-share company will pull out of its foreign markets, after laying off operations across the Asia-Pacific region last week.
Who invested in Meituan?
Meituan is funded by 21 investors. Tencent and G Squared are the most recent investors….Investors.
| Investor Name | Tencent |
|---|---|
| Lead Investor | Yes |
| Funding Round | Post-IPO Equity – Meituan |
| Partners | — |
Is meituan a buy or sell?
Buy Alibaba, Sell Meituan (NYSE:BABA) | Seeking Alpha….BABA Ratings.
| Wall Street | Strong Buy | 4.54 |
| Quant | Hold | 3.29 |
What is the ticker symbol for ByteDance?
ByteDance (BDNCE) Stock Price Today, Quote & News.
Should I invest in meituan?
The consensus among Wall Street research analysts is that investors should “hold” Meituan stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MPNGF, but not buy additional shares or sell existing shares.
How do I buy TikTok stock?
You cannot directly buy shares as a retail investor. But you can invest in TikTok by buying shares in private equity companies. TikTok shares are owned by private equity firms. Those are Softbank, KKR, Coatue, General Atlantic, Hillhouse, Sequoia Capital, and Source Code Capital.
Is Meituan a public company?
In Q2 2021, GTV of Meituan food delivery business increased by 59.5% year over year….Meituan.
| Meituan logo with name in English | |
|---|---|
| Type of business | Public |
| Industry | Internet company |
| Services | Voucher selling |
| Revenue | CN¥179.128 billion (US$27.77 billion, 2021) |
Is MPNGF a buy?
Meituan has received a consensus rating of Hold. The company’s average rating score is 2.25, and is based on 2 buy ratings, 1 hold rating, and 1 sell rating.