# If Meituan moves, who benefits? How far does the value-chain ripple reach?
Canonical: https://valuechain.wiki/meituan · Facet: ripple · Updated: 2026-07-12T04:30:28.774+00:00 · Source: ValueChain.wiki (cited money-flow graph)

**Citable summary**: Per the valuechain.wiki graph, Meituan is directly linked to 3 companies (1 supply, 0 revenue, 2 investment relationships) and reaches 7 companies within two hops; the links are backed by 8 dated sources, 1 of them primary filings (as of 2026-07-12).

Meituan operates across Hang Seng, Local commerce, #1 food-delivery GTV. It remained weak at -34.6% in 2025 and -15.9% in 2026. The stock (-15.9%) and its supply side (avg -49.3%) are moving in step. Being Li Auto's No.2 owner (~21.5%) adds option value beyond the core business.

## Supply chain (benefiting)
- T1 Pony.ai (https://valuechain.wiki/pony-ai.md)
- T2 Hesai Group (https://valuechain.wiki/hesai.md)
- T2 NVIDIA (https://valuechain.wiki/nvidia.md)
- T3 SK hynix (https://valuechain.wiki/sk-hynix.md)
- T3 Micron Technology (https://valuechain.wiki/micron.md)
- T3 Samsung Electronics (https://valuechain.wiki/samsung-electronics.md)
- T3 Siemens EDA (https://valuechain.wiki/siemens-eda.md)
- T3 TSMC (https://valuechain.wiki/tsmc.md)
- T3 Coherent (https://valuechain.wiki/coherent.md)
- T3 Monolithic Power (https://valuechain.wiki/monolithic-power.md)
- T3 Kioxia (https://valuechain.wiki/kioxia.md)
- T3 ASE Technology (https://valuechain.wiki/ase.md)
- T3 Nan Ya PCB (https://valuechain.wiki/nanya-pcb.md)
- T3 Synopsys (https://valuechain.wiki/synopsys.md)
- T3 Cadence Design Systems (https://valuechain.wiki/cadence.md)
- T3 Arm Holdings (https://valuechain.wiki/arm.md)
- T3 Unimicron (https://valuechain.wiki/unimicron.md)
- T3 Advantest (https://valuechain.wiki/advantest.md)
- T3 Teradyne (https://valuechain.wiki/teradyne.md)
- T3 LG Innotek (https://valuechain.wiki/lg-innotek.md)
- T3 OpenAI (https://valuechain.wiki/openai.md)
- T3 Lumentum (https://valuechain.wiki/lumentum.md)
- T3 Fabrinet (https://valuechain.wiki/fabrinet.md)
- T3 Eoptolink (https://valuechain.wiki/eoptolink.md)
- T3 Keysight Technologies (https://valuechain.wiki/keysight.md)
- T3 Amphenol (https://valuechain.wiki/amphenol.md)
- T3 Corning (https://valuechain.wiki/corning.md)
- T3 Nebius Group (https://valuechain.wiki/nebius.md)
- T3 ABB (https://valuechain.wiki/abb.md)
- T3 Murata Manufacturing (https://valuechain.wiki/murata.md)
- T3 Recursion Pharmaceuticals (https://valuechain.wiki/recursion.md)
- T3 onsemi (https://valuechain.wiki/onsemi.md)
- T3 BlackRock (https://valuechain.wiki/blackrock.md)
- T3 Analog Devices (https://valuechain.wiki/analog-devices.md)
- T3 MediaTek (https://valuechain.wiki/mediatek.md)
- T3 BYD Electronics (https://valuechain.wiki/byd-electronics.md)
- T3 Wistron (https://valuechain.wiki/wistron.md)
- T3 Pegatron (https://valuechain.wiki/pegatron.md)
- T3 Samsung Electro-Mechanics (https://valuechain.wiki/samsung-electro-mechanics.md)
- T3 Astera Labs (https://valuechain.wiki/astera-labs.md)
- T3 CoreWeave (https://valuechain.wiki/coreweave.md)
- T3 Ibiden (https://valuechain.wiki/ibiden.md)
- T3 Luxshare Precision (https://valuechain.wiki/luxshare.md)
- T3 King Yuan Electronics (KYEC) (https://valuechain.wiki/kyec.md)
- T3 InnoLight (https://valuechain.wiki/innolight.md)
- T3 Delta Electronics (https://valuechain.wiki/delta-electronics.md)
- T3 TE Connectivity (https://valuechain.wiki/te-connectivity.md)
- T3 Digital Realty (https://valuechain.wiki/digital-realty.md)
- T1 Li Auto (https://valuechain.wiki/li-auto.md)
- T1 Tencent Holdings Limited (https://valuechain.wiki/tencent-holdings-limited.md)
- T2 JD.com (https://valuechain.wiki/jd-com.md)
- T3 JD Logistics (https://valuechain.wiki/jd-logistics.md)
- T3 JD Health (https://valuechain.wiki/jd-health.md)
- T3 Ralph Lauren Corporation (https://valuechain.wiki/ralph-lauren.md)
- T2 Beijing Kingsoft Office Software (https://valuechain.wiki/beijing-kingsoft-office-software.md)
- T3 Baidu (https://valuechain.wiki/baidu.md)
- T3 Alibaba Group (https://valuechain.wiki/alibaba.md)

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Full node: https://valuechain.wiki/meituan.md · JSON: https://valuechain.wiki/meituan.json