Meituan
Develops a group buying website for locally found consumer products and retail services.
Launch date
Employees
Market cap
€86.4b
Enterprise valuation
€74.8b (Public information from Sep 2024)
Share price
HKD139 MPNGY
Beijing China (HQ)
Corporate Venture Fund: Longzhu Capital
Financials
Estimates*
| USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Revenues | 15.8b | 24.6b | 30.2b | 38.1b | 45.9b | 53.0b | 60.6b |
| % growth | 18 % | 56 % | 23 % | 26 % | 21 % | 16 % | 14 % |
| EBITDA | 642m | (1.6b) | 632m | 2.8b | 6.4b | 8.2b | 10.3b |
| % EBITDA margin | 4 % | (7 %) | 2 % | 7 % | 14 % | 15 % | 17 % |
| Profit | 647m | (3.2b) | (919m) | 1.9b | 4.5b | 6.0b | 7.6b |
| % profit margin | 4 % | (13 %) | (3 %) | 5 % | 10 % | 11 % | 13 % |
| EV / revenue | 12.4x | 6.0x | 4.0x | 1.3x | 1.5x | 1.2x | 0.9x |
| EV / EBITDA | 304.5x | -91.5x | 192.1x | 17.5x | 10.9x | 7.9x | 5.5x |
| R&D budget | 1.5b | 2.3b | 2.9b | 2.9b | - | - | - |
| R&D % of revenue | 9 % | 9 % | 9 % | 8 % | - | - | - |
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | N/A | - | |
| N/A | $3.0m | Early VC | |
$20.0m | Series A | ||
$100m | Series C | ||
$50.0m | Series B | ||
| N/A | N/A | Series D | |
$300m | Series C | ||
$700m Valuation: $7.0b | Series D | ||
N/A | Merger | ||
$3.3b Valuation: $18.0b | Late VC | ||
| N/A | N/A | Early VC | |
$4.0b Valuation: $30.0b | Series F | ||
| N/A | $4.2b Valuation: $52.8b 11.3x EV/LTM Revenues -142.6x EV/LTM EBITDA | IPO | |
| Total Funding | €7.7b | ||
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