Option chain shows key data for Meituan's stock options at various strike prices and expiration dates. Traders use this information to analyze potential trades and assess market sentiment for Meituan.

Meituan (OTC:MPNGY) Stock, Option Chain

Meituan is the largest food delivery platform in China, with a 60%-70% share of the market in 2024, according to Morningstar estimates. In the third quarter of 2024, the firm generated 74% of its revenue from the core local commerce segment, which includes on-demand food delivery and retail, in-store services (such as visiting beauty and entertainment stores after purchasing deals on Meituan), as well as hotel and travel booking. The remaining 26% of revenue came from the new initiatives segment, such as from the community group purchase business Meituan Select and the overseas food delivery business.

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In a strategic move, Alibaba Group Holding (NYSE: BABA) has advanced the rollout of its rapid-delivery service, Taobao Instant Commerce. This accelerates the rivalry with JD.com (NASDAQ: JD)and Meituan.

Alibaba Accelerates Taobao Instant Commerce Launch, Heats Up Rivalry With JD.com, Meituan

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JD.com accuses rival platforms of coercing couriers to leave JD Takeaway, vows to increase full-time riders. Trump&#39;s tariffs on Chinese imports a concern.

JD.com Accuses Rivals Of Sabotaging Its Takeaway Service, Plans Major Expansion

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 In 2024, Consumption will be the main driver of economic growth, with service consumption being a new growth engine.  

Alibaba, Grab, Tencent, Meituan Gear Up For Growth As China Bets On Services To Revive Economy

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