Meituan operates an e-commerce platform for various services. It operates through Food Delivery; In-store, Hotel & Travel; and New Initiatives and Others segments. The Food delivery segment provides consumers place orders of food prepared by merchants. The In-store, Hotel & Travel segment offers consumers purchase local consumer services provided by merchants in numerous in-store categories or make reservations for hotels and attractions. The New Initiatives and Others segment sales goods from B2B food distribution services and Meituan grocery; and various businesses, such as Meituan Instashopping, community e-commerce, bike-sharing and electric mopeds, and micro-credit services. 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.
Revenue of Meituan (3690.HK)
Revenue in 2023 (TTM): $35.6 B
According to Meituan's latest financial reports the company's current revenue (TTM) is $35.6 B. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of Meituan
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $35.6 B | $12.5 B | $2.6 B | $1.8 B | $1.78 B |
| 2022 | $28.3 B | $7.94 B | $591.49 M | $-869,110,373 | $-860,079,779 |
| 2021 | $23.05 B | $5.46 B | $-1,503,132,225 | $-3,031,873,005 | $-3,027,977,553 |
| 2020 | $14.77 B | $4.38 B | $601.11 M | $570.94 M | $605.73 M |
| 2019 | $12.55 B | $4.16 B | $943.93 M | $355.39 M | $288.02 M |
| 2018 | $8.39 B | $1.94 B | $-14,444,032,188 | $-14,858,116,471 | $-14,856,362,173 |
| 2017 | $4.36 B | $1.57 B | $-529,718,063 | $-2,435,852,492 | $-2,433,659,491 |
| 2016 | $1.67 B | $764.35 M | $-776,144,423 | $-1,367,711,134 | $-744,881,872 |
| 2015 | $517.05 M | $357.58 M | $-1,076,513,384 | $-1,189,095,025 | $-1,353,333,250 |