The company declined to comment on the deal size or potential valuation. Share Price vs. Fair Value. It was formed through the 2015 merger of Meituan and Dianping, creating the leading player for internet-based services ordered via smartphone apps. Please pay your fair share", The government has announced that it would slash almost all tariffs in the event of a no-deal Brexit. Our valuation model uses many indicators to compare MEITUAN DIANPING value to that of its competitors to determine the firm's financial worth. China E-Commerce Companies . Meituan said it would use the cash to expand in artificial intelligence and drone-delivery technology. Valuation. This provides huge development opportunities for Meituan-Dianping. 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. We use both absolute as well as relative valuation methodologies to arrive at the intrinsic value of MEITUAN DIANPING. 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. The Beijing-based company, led by Wang Xing, is almost unknown beyond its home country. The card will work by recognising the user's fingerprint, High-end slipper retailer Mahabis has gone into administration. Meituan Dianping has expanded well beyond its original businesses. 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. Meituan counts some 400 million users of its food delivery and other services in China. Meituan Dianping resembles a mashup of Groupon, Yelp, Foodpanda and Uber Eats, Find your bookmarks in your Independent Premium section, under my profile. Yelp, based in San Francisco, has tumbled from its peak in 2014 to $3.6bn. 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. Chicago-based Groupon, once a sensation in the US, has dropped to a market value of less than $3bn. 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. 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. Airline Flybe has collapsed. 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. EY’s Mr Pogson however cautioned that valuations in China may be getting a bit overheated. 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. Meituan-Dianping is another story completely, as it is at a much earlier stage of its development. 2019-01-09. You can find our Community Guidelines in full here. Can Meituan-Dianping deliver a $60 billion initial public offering? 2018-12-18. You can also choose to be emailed when someone replies to your comment. You can analyze the, The equity valuation mechanism determines the current worth of MEITUAN DIANPING on a weekly basis. “You have to take these numbers with a grain of salt,” he says. The company is the latest Chinese tech firm with a punchy valuation to plan a listing in Hong Kong this year. 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. SINGAPORE/HONG KONG (Reuters/IFR) - China’s Meituan Dianping, an online food delivery-to-ticketing services platform, has set an indicative price range of … Meituan Dianping’s advertising revenue tells the story in number. 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. Because management of both companies are focused on growing, the companies are spending more on things such as advertising than in normal times. 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). Their latest funding was raised on Aug 10, 2018 from a Secondary Market round. Never heard of Meituan? Alibaba and Tencent remain in a different league, valuation-wise, … Alibaba, Tencent’s primary rival, is boosting its investment to bankroll expansions into more cities and businesses. For instance, if data shows that a viewer is a fan of pepsi, a billboard in the background of a shot would host an advert for pepsi, while for a viewer known to have different tastes it could be for Coca-Cola, In a card sent to Amazon CEO Jeff Bezos on the company's 25th birthday, Labour leader Jeremy Corbyn writes: "You owe the British people millions in taxes that pay for the public services that we all rely on. Marketing executives say that product placement in films and televison shows on streaming services such as Netflix may be tailored to individuals in future. The country’s O2O market surged 72 per cent to 762bn yuan (£87bn) last year, according to estimates from consultant IResearch. The companies were valued at $15bn when they merged two years ago. 1,951 Number of Organizations • $123.1B Total Funding Amount • 3,698 Number of Investors. Are you sure you want to mark this comment as inappropriate? Meituan is one of the new generation of Chinese technology companies that has rapidly gained popularity thanks to the rise of smartphones. … Read More. 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. 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. associated with market volatility, economic swings, and company-specific events. {{#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. Meituan Dianping, China’s largest on-demand services provider , beat second-quarter earnings estimates on Friday, as demand for food delivery recovered across … Zhang Tao founded Meituan Group in April 2003 that became Meituan-Dianping in December 2015, with its headquarters in Beijing in China. The most insightful comments on all subjects will be published daily in dedicated articles. Meituan has been likened to U.S. discounting platform Groupon Inc. 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. Meituan Reaches Partnership with Luckin Coffee. Find out all the key statistics for MEITUAN (MPNGF), including valuation measures, fiscal year financial statistics, trading record, share statistics and more. Meituan’s appeal for investors is its dominant position in a market of more than a billion people. Is Meituan Dianping undervalued compared to its fair value and its price relative to the market? Two sources told Reuters the equity value of the deal was $2.7 billion. “Lifestyle e-commerce, which includes online travel and dining reservations, is one of the fastest growing sectors in the country.”. Start your Independent Premium subscription today. 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. What is the value of MEITUAN DIANPING today? 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. 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. 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