Meituan operates within the Catalog and mail-order houses sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Meituan with three other
miscellaneous retailers and wholesalers in Asia:
Beijing United Information Technology Co Ltd
sales of 17.16 billion Chinese Renmimbi [US$2.65 billion]
of which 68%
was Coating Chemical Industry),
of KOREA (SOUTH)
(3.17 trillion Korean Won [US$2.69 billion]
of which 83%
was Online Business), and
Shanghai Ganglian E-Commerce Holdings Company Limited
based in CHINA
(58.52 billion Chinese Renmimbi [US$9.05 billion]
of which 99%
was Steel Trading Services).
Sales were up sharply during the second
quarter of 2021 versus the previous year's second quarter.
During the second
quarter of 2021, sales at Meituan totalled
an increase of 95.3%
from the HK$27.03 billion in sales at the company during the second quarter of 2020.
During the first two
quarters of 2021, sales totalled HK$97.11 billion, which is
than through the first two quarters of 2020.
During the year ended December of 2020, sales at
Meituan were HK$129.32 billion (US$16.61 billion).
increase of 16.8%
versus 2019, when the company's sales were HK$110.74 billion.
This was the fifth consecutive year of sales increases at Meituan
(and since 2015, sales have increased a total of 2,510%).
Sales of New Initiatives and Others saw an increase
32.6% in 2020, from
HK$23.17 billion to HK$30.73 billion.
Not all segments of Meituan experienced an increase in sales in 2020:
sales of In-Store, Hotel and Travel fell 5.3% to HK$23.94 billion.