Meituan

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Meituan (3690) Price Performance

Meituan (3690) trades on Hong Kong Stock Exchange in HKD. The company is classified in the Consumer Cyclical sector under the Internet Retail industry. The stock currently trades at HKD79.00, down 0.19% from the previous close.

Over the past year, 3690 has traded between a low of HKD74.50 and a high of HKD162.80. The stock has lost 50.6% over this period. It is currently 51.5% below its 52-week high.

Meituan has a market capitalization of $519.52B, with a price-to-earnings ratio of 12.82.

About Meituan

Meituan operates as a technology driven retail company in the People's Republic of China, Hong Kong, Macao, Taiwan, and internationally. It operates through Core Local Commerce and New Initiatives segments. The company offers food delivery services; and helps consumers purchase local consumer services provided by merchants in numerous in-store categories or make reservations for hotels, and attraction and transportation ticketing. It also sells goods from B2B food distribution services and Meituan grocery; and engages in various businesses, such as Meituan Select, bike sharing and e-moped sharing, power banks, and micro-credit services. In addition, the company provides cloud computing services; merchant information technology and advisory services; online marketing services; and operates e-commerce service platform. The company was formerly known as Meituan Dianping and changed its name to Meituan in October 2020. Meituan was founded in 2003 and is headquartered in Beijing, China.