美团-W2024年年报

2024322 22 PO Box 309, Ugland HouseGrand Cayman, KY1-1104Cayman Islands 4BC100102 美 團20243 183171712-1716 33191912 A Maples Fund Services (Cayman) LimitedPO Box 1093, Boundary HallCricket SquareGrand Cayman KY1-1102Cayman Islands 1C19100738 1681 1826 369083690 18127 -WMEITUAN-W -WRMEITUAN-WR about.meituan.com A10B 2025321515,869,783A45.55%A(i)CrownHoldings(ii)SharedPatience63,569,388A5.61%ACharmwayEnterprises ABAB579,439,171BB10.48% 8A.22AA (i)8A.17(1)(2)(3)(4)(ii)8A.18AAA(iii)A8A.18(2)(iv)AB (i)(ii)(iii)(iv)(v) 2024 202420232,76722.0%3,3762023185143.6%20244516.7%13.4%202338735.4%202452420232022024732024358158.4%2024EBITDA491438202457120241231708974 202420.9%2,50235.4%524202318.7%20.9% 202418.9%65660.9%12919.7% 20242024 10202277142025 202465%2024 2024+X 202425.1%873738.3% 202423.5%22955.0%229.5% 2024B2BSaaS10Keeta 2025 +AI 2025321 20242023 20242023 354,470216,153(468,151)(366,725)316,482705,484 202373720.1%2024885 20242023 202355118.9%2024656 202318623.5%2024229 202348713.0%202455066.1%3.962.2% 2024173202322.7%3.1202419.6% 20245420237.4%1.320246.1% 2023278.8%20242920243.3% 2023408.42024170.4 202361.7202412.8 2023212024933.3 2024677.6%2023182.4% 202380202412914.5%5.219.7% 20234820242226.0%16.59.5% 202314202440 2023705.52024316.5 202396.12024674.2 202462202322 20242024 20242024 354,470313,088(468,151)(261,651)316,482213,821 20249365.4%2024885 20242024 20246945.5%2024656 20242425.3%2024229 20245683.1%202455060.7%1.562.2% 202417319.6% 20245420245.7%0.420246.1% 2024285.0%20242920243.3% 2024275.32024170.4 2024765.2202412.8 2024252024933.3 2024677.6%202413714.6% 2024146202412921.0%1.319.7% 20241020242220249.5%20244.2%5.3 2024402024128.8 2024213.82024316.5 2024112024674.2 2024622024129 2024123120231231 202420231231 20232,76722.0%20243,376 20242023 20232,06920.9%20242,502 202369825.1%2024873 20231,79615.7%20242,07864.9%3.361.6% 20235869.1%2024640202321.2%2.2202419.0% 202421120237.7%1.520246.2% 20239414.5%202410720243.2% 2023112024897.5 2023234.22024140.9 202436202363 202436810.9%20231344.8% 2023387202452418.7%2.220.9% 202320220247328.9%20.68.3% 202351202483 202412 2023164.5202422 20243582023139 EBITDA EBITDA(i)(ii) (i)(ii)(iii) 2024202312312024930202420231231 (i) (ii) 20241231708974 20241231571(i)(ii) 20241231102 20241231304B 2024123132% 20241231 2024123141,3092023123139,085 121920 + 2024123127,1942023123137,331202412315% D232 20241231 2024123120241231 2024123131 20241231 20241231108,900 833 462010( meituan.com ) 16200512( xiaonei.com )20051220074( xiaonei.com )200610RENN20075( fanfou.com )200752009720197LI20218122015 2001720051 45 162005720075BIDU( fanfou.com )2007520097 2002720057 6220189 198619987201582003720156 9920001900087(i)(ii)(iii)(iv) 1984619866 20199EQTABEQT201599922016920158000190008720231Fidelity China Special Situations PLCFCSS20221020241Sondrel (Holdings) PLCSND20158202412 5620189 19999200782007920141220151Lupin Capital (i)(ii)(iii) 1992719995 20069200781886200882015688120083201512WX20109201412SFUN2019720225CIH202512359 5820189 199611MicrosoftResearch199811200710201311Bing20131120202201910DAO202362202 (i)(ii)(iii) 1996820172 7220236 19954201712(APEC)201532016420128200310 20227201971876000520037201940019008720021020175 19742197662009720137 46 45 201411200462005102005102008820111201410700 201871896 2004620105 2018820233300251 41CEO 2015EverythingNow 20066 49 20171199792005200552006860058820068201110BIDU20111020161258WUBA 720036 2015925B 團11 20241231 10%50%(a)(b) 20241231 1.20272028 20214271,483,600,000431.24202720271,500,000,000431.2420282028202720282,971.52027202882.4202420231231158.8241.2202720285202142020214272021428 2.2021 20212021422187,000,0002021TencentMobility Limited187,000,000202166202411202133202133202412312021202142020214272021428 3. 2021713TencentMobility Limited11,352,600400.0202411400.0400.0202412312021420202142720214282021713 美 團202447 2024123130% 2024123130% 15 26 27 202412313,089 2024123131 202410122028424.500%1320291024.625% 20241231 2024614 13.51B(1)2024 202483020242024102920,807B358.33%202412202027920 202412 202512359 2025331 202413.51B(1) 3.13 2023630(i)500,000(ii)1,000,0002024830(i)150,0001,170,0007.8(ii)150,0001,170,0007.8(3) 20248302024 8 20241231 18 8 8 20241231XVXV78352 (1)L (2)Crown HoldingsSongtao LimitedSongtao LimitedCrownHoldings489,600,000AShared PatienceWAFO Global Inc.WangXing Foundation202332420221116200B(3)Charmway EnterprisesDay One Holdings LimitedDay One Holdings LimitedCharmwayEnterprises63,569,388A47,580,612BShared Vision(4)202412316,046,056,054579,439,171A5,466,616,883B20241231 20241231 20241231XVXV78352 20241231XV23336 (4) ACrown Holdings(2)Share Patience(2)Songtao Limited(2)TMF (Cayman) Ltd. (L)(L)(L)(L)(2)(L)(2)(L) ACharmway Enterprises(3)Day One Holdings Limited(3)TMF (Cayman) Ltd. (L)(L)(L)(3)(L) (1)LS (2)CrownHoldingsSongtaoLimitedSongtaoLimitedTMF(Caym