Meituan (3690.HK)

140.200 -0.900 (-0.64%) At close: 04:08PM HKT

Meituan

Hengjiweiye Building
Block B&C No. 4 Wang jing East Road Chaoyang District
Beijing 100102
China
86 10 5737 6600
https://about.meituan.com

Sector(s): Consumer Cyclical
Industry: Internet Retail
Full-time employees: 

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Xing Wang	Co-Founder, Chairman & CEO	755.85k	N/A	1979
Mr. Rongjun Mu	Co-Founder, Sr. VP & Exec. Director	616.09k	N/A	1980
Mr. Huiwen Wang	Co-Founder & Exec. Director	239.77k	N/A	1979
Mr. Tao Zhang	Co-founder	N/A	N/A	1973
Mr. Shaohui Chen	CFO & Sr. VP	N/A	N/A	1981
Mr. Liang Chen	Sr. VP	N/A	N/A	1981
Mr. Chuan Zhang	Sr. VP	N/A	N/A	1976
Ms. Yee Wa Lau	Joint Company Sec.	N/A	N/A	N/A
Ms. Sijia Xu	VP, Head of Capital Markets & Joint Company Sec.	N/A	N/A	N/A

Amounts are as of 31 December 2021, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in HKD.

Description

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.

Corporate governance

Meituan’s ISS governance QualityScore as of 1 March 2023 is 10. The pillar scores are Audit: 1; Board: 9; Shareholder rights: 10; Compensation: 10.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.