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Meituan (3690.HK)

HKSE - HKSE Delayed price. Currency in HKD
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86.650+0.550 (+0.64%)
At close: 04:08PM HKT

Meituan

Hengjiweiye Building
Block B&C No. 4 Wang jing East Road Chaoyang District
Beijing 100102
China
86 311 8654 7100
https://about.meituan.com

Sector(s)Consumer Cyclical
IndustryInternet Retail
Full-time employees99,345

Key executives

NameTitlePayExercisedYear born
Mr. Xing WangCo-Founder, Chairman & CEO5.69MN/A1979
Mr. Rongjun MuCo-Founder, Senior VP & Executive Director4.64MN/A1980
Mr. Tao ZhangCo-founder2.1MN/A1973
Mr. Shaohui ChenCFO & Senior VPN/AN/A1981
Mr. Liang ChenSenior Vice PresidentN/AN/A1981
Mr. Chuan ZhangSenior Vice PresidentN/AN/A1976
Ms. Yee Wa LauJoint Company SecretaryN/AN/AN/A
Ms. Sijia XuVP, Head of Capital Markets & Joint Company SecretaryN/AN/AN/A
Amounts are as of 31 December 2022, 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 as a tech retail company in China and internationally. It operates through Core Local Commerce and New Initiatives segments. The company offers food delivery services; 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, Meituan Instashopping, ride sharing, bike-sharing and electric mopeds, power banks, and micro-credit services. In addition, it offers cloud computing services; and merchant information adviory 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 December 2023 is 9. The pillar scores are Audit: 1; Board: 5; Shareholder rights: 10; Compensation: 9.

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.