meituan dianping valuation

The offerings, collectively known as online-to-offline or O2O services, may ultimately prove more successful in China than in the US. Please be respectful when making a comment and adhere to our Community Guidelines. {{#verifyErrors}} {{message}} {{/verifyErrors}} {{^verifyErrors}} {{message}} {{/verifyErrors}}, Meituan Dianping: Little-known Chinese tech startup valued at $30bn, Secret Escapes raises £83m in series D funding round, You may not agree with our views, or other users’, but please respond to them respectfully, Swearing, personal abuse, racism, sexism, homophobia and other discriminatory or inciteful language is not acceptable, Do not impersonate other users or reveal private information about third parties, We reserve the right to delete inappropriate posts and ban offending users without notification. Growth stocks typically don't pay, Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk Meituan Dianping, China’s largest on-demand services provider , beat second-quarter earnings estimates on Friday, as demand for food delivery recovered across … The Beast from the East wiped £4m off of Flybe’s revenues due to flight cancellations, airport closures and delays, according to the budget airline’s estimates. 2018-12-18. It faces fierce competition from food delivery giant Ele.me, backed by e-commerce firm Alibaba Group Holding Ltd, as well deep-pocketed … In April, some investors told tech media outlet EqualOcean that Meituan Dianping should consider acquiring Didi to take advantage of the company’s network, especially when its valuation has come down to earth. It’s a sort of mashup of Groupon, Yelp, Foodpanda and Uber Eats. Their latest funding was raised on Aug 10, 2018 from a Secondary Market round. Didi was selling shares at around USD 30 to USD 40 in a deal, down from a peak price of about USD 55, according to EqualOcean. Stay Longer and Spend More . MEITUAN DIANPING Valuation Module provides a unique way to ballpark how much the company is worth today. Find out all the key statistics for MEITUAN (MPNGF), including valuation measures, fiscal year financial statistics, trading record, share statistics and more. Lists Featuring This Company. By May 2014, the company had 5,000 empl… Chicago-based Groupon, once a sensation in the US, has dropped to a market value of less than $3bn. The move comes after anger at the announcement British passports would be produced by Franco-Dutch firm Gemalto when De La Rue’s contract ends in July. “Meituan faces so many competitors because of its wide range of business,” said Cao Lei, director of the China E-Commerce Research Center in Hangzhou. Never heard of Meituan? Airline Flybe has collapsed. View, Sponsored content. “China’s market is big enough for a company this size,” said Wang Ling, an analyst with IResearch. associated with market volatility, economic swings, and company-specific events. The chief executive, Mark Anderson, said: “Europe’s largest independent regional airline has been unable to overcome significant funding challenges to its business. This provides huge development opportunities for Meituan-Dianping. The combined companies have far surpassed their US peers. Meituan Wins IDG Global Top Brands Awards for International Innovation Enterprise Brand. Are you sure you want to mark this comment as inappropriate? The P/S ratio works especially well when you want to compare the stock's current valuation with its historical valuation. 2018-04-04 . That may present a challenge to China’s biggest online travel site, Ctrip, which is backed by Baidu. The company is headquartered in Beijing and was founded in 2010 by Wang Xing. China’s Meituan Dianping just became the world’s fourth-most valuable startup, reaching a $30 billion valuation that puts it ahead of high-fliers like Airbnb Inc. and Space X. It allows our most engaged readers to debate the big issues, share their own experiences, discuss real-world solutions, and more. Meituan said it would use the cash to expand in artificial intelligence and drone-delivery technology. Price to Earnings (PE) ratio. Where Baidu, Alibaba and Tencent have come to be collectively known as BAT, new media upstart Jinri Toutiao, Meituan Dianping and ride-sharing king Didi Chuxing have now earned their own acronym: TMD. Is Meituan Dianping undervalued compared to its fair value and its price relative to the market? Given both Meituan Dianping and Pinduoduo are growth companies, they aren’t focused on profits that much right now. The company is the latest Chinese tech firm with a punchy valuation to plan a listing in Hong Kong this year. Create a commenting name to join the debate, There are no Independent Premium comments yet - be the first to add your thoughts, There are no comments yet - be the first to add your thoughts. The deadline to award a contract to make blue British passports after Brexit has been extended by two weeks following a request by bidder De La Rue. Meituan says it now has 280 million annual active users and works with 5 million merchants. Marketing executives say that product placement in films and televison shows on streaming services such as Netflix may be tailored to individuals in future. Meituan's valuation puts it ahead of high-flying startups Airbnb and Space X. Meituan’s appeal for investors is its dominant position in a market of more than a billion people. Alibaba and Tencent remain in a different league, valuation-wise, … Our valuation model uses many indicators to compare MEITUAN DIANPING value to that of its competitors to determine the firm's financial worth. Comparative valuation techniques use various fundamental indicators to help in determining MEITUAN DIANPING's current stock value. China’s Meituan Dianping just became the world’s fourth-most valuable startup, reaching a $30bn (£22bn) valuation that puts it ahead of high-fliers like Airbnb and Space X. In 2017, Meituan had revenues of RMB33.9bn … The British firm said Gemalto was chosen only because it undercut the competition, but the UK company also admitted that it was not the cheapest choice in the tendering process. Zhang Tao founded Meituan Group in April 2003 that became Meituan-Dianping in December 2015, with its headquarters in Beijing in China. In addition, many of the fundraisings in China and the US are done with ratchets, or protections so that investors get compensation if the valuations fall later on. 2019-01-04. Meituan counts some 400 million users of its food delivery and other services in China. Please pay your fair share", The government has announced that it would slash almost all tariffs in the event of a no-deal Brexit. However, the company isn't issuing shares, but rather, shares held by Spotify's private investors will be sold. Want to bookmark your favourite articles and stories to read or reference later? Wang started Meituan.com in 2010 as a group-buying site similar to Groupon, where people can get discounts by buying electronics or restaurant meals together. Meituan Acquires Mobike, One of the World's Largest Bike-Sharing Companies. With the recent fundraising, Meituan plans to spend hundreds of millions of dollars over the next three to five years to become a leading travel booking site. The first three are Uber, Didi and Chinese smartphone maker Xiaomi. Meituan announced the deal on Wednesday but did not disclose the value of the deal. Meituan Reaches Partnership with Luckin Coffee. Meituan-Dianping is funded by 20 investors. Alibaba, Tencent’s primary rival, is boosting its investment to bankroll expansions into more cities and businesses. We use both absolute as well as relative valuation methodologies to arrive at the intrinsic value of MEITUAN DIANPING. Meituan is one of the new generation of Chinese technology companies that has rapidly gained popularity thanks to the rise of smartphones. Meituan (OTCPK:MPNGF) PS Ratio Explanation. Meituan-Dianping is registered under the ticker HKG:3690 . From a valuation standpoint, the stock is extremely rich, trading at 6 times revenues, not for a value investor, but every other growth retail stock is expensive as well. Read our full mailing list consent terms here. As the growth of China’s mobile internet users flattened, tech companies are looking for different ways to increase transaction frequency and the amount for each user. Share Price vs. Fair Value. Their stock opened with HK$69.00 in its Sep 19, 2018 IPO. It delivers food to people’s homes, sells groceries and movie tickets, provides reviews of restaurants, and markets discounts to consumers who buy in groups. SINGAPORE/HONG KONG (Reuters/IFR) - China’s Meituan Dianping, an online food delivery-to-ticketing services platform, has set an indicative price range of … Little-known start-up Meituan Dianping just hit a valuation … The country’s O2O market surged 72 per cent to 762bn yuan (£87bn) last year, according to estimates from consultant IResearch. Are you sure you want to delete this comment? Meituan-Dianping has raised a total of $7.3B in funding over 5 rounds. The company says metrics like company valuation, profit, and returns on equity and assets all went into assessing each business leader. In general, an absolute valuation paradigm, as applied to this company, attempts to find the value of MEITUAN DIANPING based exclusively on its, Growth stocks usually refer to those companies expected to grow sales and earnings faster than the market average. Meituan to Showcase Autonomous Delivery Technologies at CES 2019. What is the value of MEITUAN DIANPING today? “You have to take these numbers with a grain of salt,” he says. The companies were valued at $15bn when they merged two years ago. China’s Meituan Dianping just became the world’s fourth-most valuable startup, reaching a $30 billion valuation that puts it ahead of high-fliers like Airbnb Inc. and Space X. EY’s Mr Pogson however cautioned that valuations in China may be getting a bit overheated. Due to the sheer scale of this comment community, we are not able to give each post the same level of attention, but we have preserved this area in the interests of open debate. The P/S ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. China’s Meituan Dianping just became the world’s fourth-most valuable startup, reaching a $30bn (£22bn) valuation that puts it ahead of high-fliers like Airbnb and Space X. “It’s a quasi-monopoly built on the stomachs of 1.4 billion people,” said Keith Pogson, global assurance leader for banking and capital markets in Hong Kong at consultant EY. The company declined to comment on the deal size or potential valuation. Meituan Dianping resembles a mashup of Groupon, Yelp, Foodpanda and Uber Eats, Find your bookmarks in your Independent Premium section, under my profile. According to iResearch, the gross merchandise value (GMV) of local lifestyle O2O service sector in China reached 1.1 trillion yuan in 2017, up 49.6% yoy; it is expected to exceed 2.9 trillion yuan by 2020. Shares of private companies like Meituan and Uber aren’t traded in liquid markets every day, so valuations change only rarely and typically go up. Because management of both companies are focused on growing, the companies are spending more on things such as advertising than in normal times. Upgrade to remove this ad. All future flights on the Exeter-based airline have been cancelled – leaving more than 2,300 staff facing an uncertain future, and wrecking the travel plans of hundreds of thousands of passengers. Valuation. The card will work by recognising the user's fingerprint, High-end slipper retailer Mahabis has gone into administration. Can Meituan-Dianping deliver a $60 billion initial public offering? “Lifestyle e-commerce, which includes online travel and dining reservations, is one of the fastest growing sectors in the country.”. Meituan-Dianping was formed in 2015 from the $15 billion merger of Meituan, likened to U.S. discounting platform Groupon Inc, and Dianping, akin to U.S. online review firm Yelp Inc. The Meituan site offers deals of the day by selling vouchers on local services and entertainment. Meituan Dianping is aiming for a $60bn valuation in its forthcoming initial public offering, in what would be one of the largest listings for a Chinese technology company this year. In particular, Alibaba has backed a rival service called Ele.me, which recently acquired Baidu’s business, Waimai. China’s local services site Meituan-Dianping says it has raised more than $3.3 billion at a valuation of about $18 billion, as the company seeks fresh funding to … Dianping was founded in 2003 in Shanghai with reviews of restaurants and other local businesses, then diversified into group discounts. 2019-01-09. Track . The most insightful comments on all subjects will be published daily in dedicated articles. Notable exceptions include cars and meat, which will see tariffs in place to protect British farmers, NatWest is trialling a new bank card that will allow people to touch their hand to the card when paying rather than typing in a PIN number. Meituan Dianping is trading at 7 times revenue, even though revenue for the company declined by … 1,951 Number of Organizations • $123.1B Total Funding Amount • 3,698 Number of Investors. Two sources told Reuters the equity value of the deal was $2.7 billion. … Meituan has been likened to U.S. discounting platform Groupon Inc. “After years of consolidation, Meituan is one of the few contenders in areas with gigantic revenue.”. Independent Premium Comments can be posted by members of our membership scheme, Independent Premium. Meituan Dianping’s advertising revenue tells the story in number. One popular service: You can get your car washed while you’re at work and it’s parked on the street -- the service sends a photo to your phone to verify the job. Capital Today … With a few taps to navigate its smartphone apps, Chinese customers can order up hot meals, groceries, massages, haircuts and manicures at home or in the office. It is done using both, our quantitative analysis of the company fundamentals as well as its intrinsic market price estimation to project the real value. The existing Open Comments threads will continue to exist for those who do not subscribe to Independent Premium. Meituan is facing increasingly stiff competition from China’s technology giants and their proxies. Since its formation in the 2015 merger of Meituan and Dianping, its range of services has ballooned, as has its valuation (to the world’s third biggest “ unicorn ” before raising US$4.2bn through an initial public offering in Hong Kong in September 2018). The future of pay day lenders is in doubt after Wonga, Britain's biggest, went into administration on August 30, Elon Musk has concluded that Tesla will remain public. Our journalists will try to respond by joining the threads when they can to create a true meeting of independent Premium. In the latest funding, Meituan also received money from Canada Pension Plan Investment Board, Trustbridge Partners, Tiger Global Management, Coatue Management and the Singaporean sovereign wealth fund GIC. Labour costs are lower in China, cities are more densely populated and there are more people. It’s also exploring opportunities to collaborate with Priceline as part of the investment. Valuation. You can find our Community Guidelines in full here. Yelp, based in San Francisco, has tumbled from its peak in 2014 to $3.6bn. Winner: Meituan Dianping . Below Fair Value: 3690 (HK$241.8) is trading above our estimate of fair value (HK$119.37) Significantly Below Fair Value: 3690 is trading above our estimate of fair value. The $30bn financing ranks the company fourth in the world in startup valuations, according to CB Insights. Meituan (Chinese: 美团; pinyin: Mĕituán), formerly Meituan-Dianping, is a Chinese shopping platform for locally found consumer products and retail services including entertainment, dining, delivery, travel and other services. Flybe said it cancelled 994 flights in the three months to 31 March, compared to 372 in the same period last year. It was formed through the 2015 merger of Meituan and Dianping, creating the leading player for internet-based services ordered via smartphone apps. Meituan-Dianping officially changed its name to Meituan in September 2020. China E-Commerce Companies . Travel is becoming the latest competitive ground. China's Meituan Dianping just became the world's fourth-most valuable startup ahead of high-fliers like Airbnb and Space X. The Beijing-based company, led by Wang Xing, is almost unknown beyond its home country. 2 Jan 2019, Coca-Cola has paid £3.9bn for Costa Coffee. A cafe chain is a new venture for the global soft drinks giant, A funeral procession for payday loans was held in London on September 2. founded Meituan Group in April 2003 that became Meituan-Dianping in December 2015, with its headquarters in Beijing in China. You’re not alone. 359.37x. The company operates different apps and websites for different services. Marketing executives say that product placement in films and televison shows on services. A different league, valuation-wise, … Winner: meituan Dianping undervalued compared to its value! Stories to read or reference later ranks the company says metrics like company valuation, profit, more. Other services in China, cities are more people ’ t focused on,... 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Stock value has dropped to a market of more than a billion people deal was $ 2.7 billion in. Of high-fliers like Airbnb and Space X s also exploring opportunities to collaborate with Priceline as part the...

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