Revenue distribution by industries:

• Food delivery: 55%
• In-store, hotel & travel bookings: 25%
• New initiatives and other services: 20%

TOP 3 markets and their percentage shares:

• China: 85%
• Southeast Asia: 10%
• Other international markets: 5%

Meituan generates the majority of its revenue from the food delivery sector, which is attributed to strong demand and its leading market position in China. The market for in-store, hotel & travel bookings also contributes significantly, as Meituan has continuously expanded its services in this segment.

China remains the dominant market for Meituan, while Southeast Asia is considered a growing market where the company is expanding its presence. Other international markets currently play a minor role but offer potential for future growth.

Production sites: Mainly in China

Meituan is a Chinese company that specializes in services in the field of e-commerce and on-demand services. It does not produce physical products in the traditional sense, but offers platforms for food delivery, hotel bookings, and other services. Most of its operational activities and technological developments take place in China.

Since Meituan does not require traditional production facilities, the company focuses on the development and operation of its digital platforms and collaboration with local suppliers and service providers.

Revenue growth: 18.5% (2024)
Profit growth: 14.2% (2024)

Meituan is pursuing a multi-track growth strategy to further strengthen its market position and explore new business fields. A key element of this strategy is the diversification of services. The company continuously expands its offering in the delivery services sector, particularly through the introduction of new categories such as groceries and household goods.

Furthermore, Meituan is heavily investing in technology and innovation to make its platform more efficient. The use of artificial intelligence and big data enables the creation of personalized offers and optimization of delivery logistics. This leads to an improved customer experience and increased customer satisfaction.

Another focus is on international expansion. Meituan plans to expand its presence in other Asian markets to benefit from the growing demand for online services in these regions. Partnerships and strategic alliances with local companies are a central part of the expansion strategy.

Main Imported Raw Materials/Components: Packaging materials, electronic components

Countries of Origin: China, South Korea, Japan, USA

Meituan, as a leading company in the field of online services and food delivery, mainly imports packaging materials needed for the delivery of food and other products. These materials include plastics, paper, and aluminum.

In addition, Meituan sources electronic components for its delivery infrastructure and technology platforms. These components often come from countries like South Korea, Japan, and the USA, known for their advanced technology production.

However, China remains the main supplier for many of the required materials, as it is both cost-effective and logistically advantageous.

Market share in China: approximately 65% in the area of Food Delivery (2024)

Revenue growth: 18% (2024)

R&D expenses: 7.5% of revenue (2024)

Meituan holds a significant competitive advantage in the food delivery sector in China, with a market share of around 65%. This is attributed to their strong market presence, a wide network of partner restaurants, and effective logistics.

The company experienced a revenue growth of 18% in 2024, driven by continuous expansion into new services and the enhancement of existing offerings.

Meituan also heavily invests in research and development, with expenses amounting to 7.5% of revenue, to drive technological innovations and improve user experience. These investments strengthen their position against competitors and foster long-term growth.

Institutional investor share: approx. 60% (estimated for 2025)
Insider purchases/sales: No specific data available for 2025

The institutional investor share in Meituan typically stands at around 60%, based on historical data and the general trend of large Chinese technology companies. Institutional investors such as investment funds, pension funds, and other major financial institutions often hold a significant stake in such companies to benefit from their growth potential.

There is no specific information available regarding insider purchases or sales in 2025. Such transactions are often disclosed through regulatory filings, and it is possible that no significant transactions have taken place or have not yet been made public.

Market share of Meituan: 35% (2025, estimated)

Main competitors and their market shares:

1. Alibaba Group (Ele.me): 25%
2. JD.com: 15%
3. Pinduoduo: 10%
4. Didi Chuxing: 8%
5. Kuaishou Technology: 7%

Moat of Meituan:

Meituan has a significant moat, which consists of several factors. Firstly, the company has strong brand awareness and a broad user base in China, reinforced by its comprehensive platform for services such as food delivery, hotel bookings, and other local services. This creates network effects that make it difficult for new market participants to gain a foothold.

Secondly, Meituan benefits from its technological infrastructure and data analysis capabilities, allowing the company to operate more efficiently and offer personalized services. These technological advantages enhance customer loyalty and improve operational efficiency.

Compared to its competitors, Meituan has a broader range of services, enabling the company to leverage synergies between different business areas. While Alibaba with Ele.me is a strong competitor in the food delivery sector, Meituan has an advantage through its diversification.

However, the competition is intense, and companies like Alibaba and JD.com also have significant resources and technological capabilities that they can use to gain market share. Meituan's moat is strong, but not impregnable, and the company must remain continuously innovative to defend its market position.

Revenue Growth: 20% (2024) Net Profit: 5 billion CNY (2024) Market Share in the Delivery Sector in China: 65% (2024)

Meituan recorded a revenue growth of 20% in 2024, attributed to its continued expansion and diversification of services. The company has successfully positioned itself in the areas of food delivery, hotel bookings, and other local services.

The net profit of 5 billion CNY in 2024 demonstrates solid profitability, despite the company's ongoing investments in new technologies and markets. Meituan's dominant market share of 65% in the Chinese delivery sector highlights its strong competitive position.

Future growth opportunities could arise from entering new markets and introducing innovative services. However, investors should also consider regulatory risks and competition in the technology sector.

Dividend: None (as of 2025)

Meituan has not paid any dividends so far. The company is strongly focused on growth and reinvesting in its business areas to strengthen its market position and explore new business fields.

Since Meituan has not paid any dividends in the past and continues to invest in expansion and innovation, it is unlikely that the company will pay a dividend in the near future. Investors should therefore consider Meituan more as a growth company that increases its value through capital appreciation rather than dividend yields.