Traditional Culture Encyclopedia - Hotel accommodation - Coupled with ICBC chasing Maotai, the market value of Meituan is 2.2 trillion. How likely is Wang Xing to become the richest man in China?
Coupled with ICBC chasing Maotai, the market value of Meituan is 2.2 trillion. How likely is Wang Xing to become the richest man in China?
Shortly after the market value broke through 1000 billion, Meituan achieved a market value of 200 billion. In fact, it is mainly because Meituan got rid of losses after listing and occupied the first place in the take-away market. Judging from its financial report released in the third quarter of last year, Meituan's revenue increased to 35.4 billion yuan, and its net profit reached 6.7 billion yuan, which tripled compared with last year, and its financial data was very bright. What is more reassuring to investors is that it has completely occupied the leading position in the take-away market. If you are hungry, you won't be able to overtake in the short term. It is precisely because of this that Meituan ended its losses for several years and finally began to make profits. Because it is no longer necessary to pay a lot of subsidies, Meituan, which has a monopoly position, has also ushered in a period of soaring profits, so its share price has also risen.
But in fact, takeaway is just the beginning. Meituan has won in the take-away market and has been marching into life services. Meituan has demonstrated its advantages in hotels, tourism, medicine delivery and other fields. , especially the hottest community group purchase recently. Under the influence of the epidemic, the community selling vegetables has become a lighthouse. Not only local competitors such as Meituan and Ali, but also Pinduoduo and Didi began to March into this field. In the future, Meituan will rely on a strong distribution team.
At present, the main business of Meituan is take-away and wine travel. At present, catering is the main force of profit contribution. In the third quarter, the revenue of the take-away industry exceeded 65.438+0.28 billion yuan, an increase of 44%, while the gross profit was 2.9 billion yuan, which doubled compared with the same period of last year, and the gross profit rate also rose to 22%, mainly because the epidemic intensified the demand of users for external sales. At present, many brokers have given ratings recommended by Meituan.
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