Meituan ADR (MPNGY)

Meituan ADR is a depositary receipt representing common stock of Meituan and trades on OTC Markets under the symbol MPNG.Y. Meituan is a technology-driven retail company with operations in mainland China, Hong Kong, Macao, Taiwan, and other international markets. Its business is organized into Core Local Commerce and New Initiatives. Through these segments, the company provides food delivery, local consumer services bookings, and reservations for hotels, attractions, and transportation tickets. It also participates in B2B food distribution, grocery-related activities, bike sharing, e-moped sharing, power banks, and micro-credit services. In addition, Meituan offers cloud computing, merchant IT and advisory services, online marketing, and an e-commerce service platform. The company was founded in 2003, previously operated as Meituan Dianping, and adopted the Meituan name in October 2020. It is headquartered in Beijing, China.

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