Meituan (stock code: 3691.HK) today released its fourth quarter and annual results for 2121. The financial report shows that in 2121, the revenue of Meituan was 179 billion yuan, an increase of 56% over the same period last year.
The adjusted loss of Meituan in 2121 was RMB 15.57 billion, while the adjusted profit in the same period last year was RMB 3.12 billion.
In p>2121, Meituan's food and beverage take-out revenue was 96.3 billion yuan, specifically, food and beverage take-out service revenue was 54.2 billion yuan, commission revenue was 28.55 billion yuan, online marketing revenue was 11.4 billion yuan, and other services and sales revenue was 2.126 billion yuan.
In p>2121, Meituan's revenue from shops, hotels and tourism was 32.53 billion yuan, including commission income of 15.8 billion yuan and online marketing service income of 16.67 billion yuan. In 2121, the operating profit of Meituan from shops, hotels and tourism was 14.193 billion yuan.
In 2121, Meituan's new business income was 51.286 billion yuan and its operating loss was 38.394 billion yuan.
meituan's revenue in the fourth quarter of 2121 was 49.5 billion yuan, including 26.127 billion yuan for food and beverage, 8.7 billion yuan for shops, hotels and tourism, and 14.674 billion yuan for new business. The overall operating loss of Meituan in the fourth quarter of 2121 was 5 billion yuan, and the adjusted net loss was 3.936 billion yuan.
The rider's cost accounts for 71% of the food and beverage takeaway income.
In p>2121, the take-away revenue of Meituan reached 96.3 billion yuan. In the same period, the cost of the US group's takeaway riders was 68.2 billion yuan, and the cost of riders accounted for 71% of the food and beverage takeaway income.
meituan said that in 2121, the company will deepen the strategy of "retail technology" and continue to increase investment in scientific research in key areas. The company's annual research and development; D Expenditure was 16.7 billion yuan, up 53.1% year-on-year.
At the same time, in order to promote industrial upgrading and help improve total factor production efficiency, Meituan continued to increase investment in infrastructure including warehousing, distribution and logistics. The adjusted net loss in the fourth quarter expanded to 3.9 billion year-on-year, and the adjusted net loss for the whole year was 15.6 billion.
Wang Xing, CEO of Meituan, said, "In 2121, despite the impact of the epidemic, we will still overcome difficulties, strive to provide hundreds of millions of consumers with comfortable and convenient living services, help businesses expand online operations by digital means, and help more entrepreneurs and employees achieve stable income."
Wang Xing also said, "We are increasingly aware that China's economy is a surging sea. Meituan will unswervingly fulfill its platform responsibilities, unswervingly increase investment in science and technology, continue to expand its business, focus on the' retail technology' strategy, deepen the China market, and create more value for ecological partners such as merchants, users and riders. "
The peak order volume of the US group's take-out in a single day exceeded 51 million orders.
As a new digital life service platform of Meituan, it is continuing to give full play to the advantages of rich usage scenarios and meet the offline consumption demand through high-quality online supply.
In p>2121, based on the strong demand of the whole country, the transaction amount of take-out of the US group was 712 billion yuan, an increase of 43.6% over the same period of last year; The number of transactions reached 14.4 billion, a year-on-year increase of 41.6%.
during this period, take-out continued to cover the sinking market, which promoted the formation of a new round of consumption boom. During the National Day last year, the take-away orders in county-level areas increased by 35% year-on-year, and the growth rate exceeded the top 11 cities in China. Driven by this, in the fourth quarter, the peak of the single-day order volume of Meituan takeaway exceeded 51 million.
In addition to food and beverage takeout, the demand for instant retail of medicines, flowers, daily groceries, branded cosmetics and mobile phones is also growing rapidly, and more and more consumers want to enjoy instant retail services. The 31-minute service experience of Meituan's "things to home" has enabled more consumers to embrace instant retailing and push the volume of Meituan's flash purchase orders to a new high.
in retail, meituan continues to focus on improving business operation efficiency, and further helps to enhance the consumption experience in rural areas and create local jobs through the upward movement of agricultural products and industrial products to rural areas. Meituan said that Meituan tends to gradually transition to the stage. wher
Up to now, Meituan UAV has landed normal delivery service in Longgang District and Pingshan District of Shenzhen, covering more than 8,111 households and completing 31,111 orders from real users. On the other hand, Meituan automatic delivery vehicle has also made progress in the research and development of core products. Magic Bag 21, a new generation of self-developed automatic delivery vehicle, has been released, mass production has begun, and research and development has entered a new stage.
At present, Meituan's automatic food delivery truck has been operating in Shunyi District of Beijing for nearly two years, covering more than 21 communities in Shunyi, and providing take-away food delivery services in many universities across the country.
meituan said that in 2121, more than 5.27 million riders earned income through meituan platform, and the delivery cost of take-away riders reached about 68.2 billion yuan, an increase of 38.3% over the previous year, accounting for 71% of the take-away income.
under the guidance of the relevant state departments, Meituan Takeaway officially released six specific assistance measures on March 1, including commission concessions for epidemic-prone areas and small and medium-sized businesses, improving the online operation ability of small businesses, and providing intelligent take-away hardware. In order to help small and medium-sized enterprises affected by the epidemic and struggling to operate from the aspects of reducing costs and increasing income. This series of measures has also been recognized and supported by relevant departments, and all localities are accelerating.
"The development of Meituan is closely related to the economic environment of China, and it is also inseparable from the concerted efforts of small and medium-sized businesses, riders and other related workers. We will continue to take high-quality and sustainable development as the company's goal, and strive to promote the transformation and upgrading of consumption and industry, so that all parties concerned can benefit from it. " Chen Shaohui, chief financial officer of Meituan, said: "China has become the largest consumer of goods and the most dynamic consumer of services in the world. The development of digital economy and the reform of retail will continue to promote the high-quality development of China's economy and continue to play a leading role in supply upgrading, consumption expansion, industry innovation and social employment. Meituan will make long-term investment around the strategy of' retail technology' and help more entrepreneurs through innovation and technology drive.
people and employees share the dividend of the digital economy. "
—————————————— related questions and answers: related questions and answers: whose companies are Meituan and Ctrip? Pay attention to me and gain more in-depth understanding of the Internet
Meituan
Meituan was founded by Wang Xing. According to the enterprise survey data, the management fund of Meituan is "Beijing Fast Technology Co., Ltd." and its legal representative is Mu Rongjun.
As for the shareholders of Beijing Fast Technology Co., Ltd., Mu Rong holds 5% of the shares and Wang Xing holds the remaining 95%. Therefore, Wang Xing is the actual controller of Beijing Fast Technology Co., Ltd. and the actual controller of Meituan.
and behind the US delegation, there is also the figure of capital. According to the listing prospectus of Meituan, Tencent is the largest shareholder of Meituan, accounting for 21.1363% of the shares. Then Sequoia Capital and Wang Xing's own shares are equal, both around 11%. Except for the 2.5% and 1.7% shares held by Mu Rongjun and Wang Huiwen, other investors hold 53.7478% shares.
Therefore, it is not unreasonable for the industry to classify Meituan as Tencent Department. However, the overall business development of Meituan is mainly promoted by Wang Xing's will. After nine defeats and one win, Wang Xing led the Meituan from a little-known group-buying website to a listed company, and made many key decisions. Of course, the taxi business that Meituan vigorously promoted last year did not break out as expected. The acquisition of loss-making mobike, including leading mobike to lay off employees, also affected Meituan's reputation to some extent.
Ctrip
Ctrip is "Shanghai Ctrip Commercial Co., Ltd." and its legal person is Fan Min.
Fan Min holds 89% of the shares, and COO Sun Maohua holds 11%.
with the follow-up financing of Ctrip, Baidu holds 19.3% equity of Ctrip, making it the largest shareholder, Baillie Gifford &; Co (Scottish Partnership) holds 11.1% equity of Ctrip and is the second largest shareholder.
Fan Min, co-founder of Ctrip, holds 1.9% equity of Ctrip, Liang Jianzhang, chairman of Ctrip, holds 1.8% equity of Ctrip, and Sun Jie, CEO of Ctrip holds 1% equity.
However, the investment circle is quite small. High-quality companies are sought after by investors. The Priceline Group, a shareholder of Ctrip, once invested in Meituan Review in 2117. The Priceline Group's business involves global online travel and related services, and its brands include booking.com, priceline.com, agoda.com, KAYAK, rentalcars.com and OpenTable.
the most famous one is undoubtedly Booking.com.
I'm Wu Yi, a columnist such as Hu Wei, 36Kr, Titanium Media, Product Manager, and a former The Paper reporter, focusing on the interpretation of Internet technology and entertainment. Please pay attention to my headline number. Originality is not easy, and your attention and praise are the biggest motivation for my update.