How Does Diversification Affect Financial Performance? Evidence from a Case Study of Meituan Group
DOI:
https://doi.org/10.55578/jift.2601.002Keywords:
Meituan, Diversified Operations, Financial Performance, Impact AnalysisAbstract
In the current era, characterized by constant changes in the market landscape, enterprises seeking development face numerous risks and challenges. Adopting a diversified operations strategy has emerged as a critical direction for companies aiming to break through competition in homogeneous product markets. As an early adopter of diversification among Chinese internet platform enterprises, Meituan has achieved significant results through its diversified operations, ultimately realizing synergies among its various business units. Therefore, studying Meituan’s diversification strategy and its outcomes holds considerable significance. This paper elaborates on the research background, purpose, and significance of diversification studies and systematically outlines the concepts and importance of diversification research. It examines Meituan’s diversification strategy from three perspectives: the implementation context, development history, and specific manifestations of the strategy. Furthermore, it analyzes the pathways through which diversification impacts financial performance and conducts a comprehensive evaluation using four financial indicators: solvency, operational capability, profitability, and growth capability.This paper takes Meituan as the research object and employs case study method and financial analysis method to conduct a correlational analysis on the impact of diversified operations on Meituan’s financial performance. It is found that there is a significant correlation between diversified operations and the improvement of enterprise financial performance. It is concluded that Meituan’s diversified operation strategy has a positive impact on the enterprise, but it also brings some problems and challenges to Meituan. This research focuses on exploratory case analysis, aiming to reveal the correlation path between diversified strategy and financial performance, and providing reference for similar platform enterprises.
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Copyright (c) 2026 Leming Zhang, Aicong Liu, Shi Yin (Author)
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