MPNGF Meituan(ADR)
- 14.430
- +0.160+1.12%
Meituan(ADR) News
Meituan Founder Divests Shareholding in Li Auto
Meituan (HKG:3690) founder Wang Xing divested more than HK$500 million of his stake in Li Auto (HKG:2015) through the sale of 4.2 million shares, according to data from the Hong Kong Stock Exchange released Wednesday.
Earnings Call Summary | Meituan(ADR)(MPNGF.US) Q4 2023 Earnings Conference
The following is a summary of the Meituan (MPNGF) Q4 2023 Earnings Call Transcript:Financial Performance:Meituan reported a 25.8% increase in total revenue amounting to RMB 276.7 billion.Adjusted net
Meituan Reports FY Results
Meituan Announces Financial Results for the Year Ended December 31, 2023
Notable Earnings Before Friday's Open
[Broker Focus] BOC International cuts the target price of Meituan (03690) to HK$93; the continuation of low price competition remains to be seen
According to the BOC International Development Research Report, the Meituan (03690) organizational structure was adjusted, core business resources were concentrated, and the founders controlled innovation. Facing competition, the bank believes that users of the Meituan platform have strong mentality and high stickiness. It is still one of the key platforms for merchants to invest in. The instant retail market is large, but the entry threshold is high, and it is very difficult to get started in the short term.
Market Chatter: Meituan to Spend 100 Million Yuan to Hire 300,000 New Delivery Riders
Meituan (HKG:3690) plans to invest 100 million yuan to hire 300,000 new delivery riders, with a focus on key regions like Beijing, Shanghai, and northern and northeastern provinces, Yicai Global reported Tuesday.
5.407 billion people generated 5.2 trillion dollars in revenue! Domestic tourism is expected to return to 90% of the time before the epidemic this year
The China Institute of Tourism Research (Data Center of the Ministry of Culture and Tourism) released the “China Tourism Group Development Report (2023)” at the “2023 China Tourism Group Development Forum”, predicting that the number of domestic tourists in 2023 will reach 5.407 billion yuan, and domestic tourism revenue will reach 5.2 trillion yuan, recovering to 90% and 91% in 2019, respectively.
Nomura Reaffirms Their Buy Rating on Meituan Dianping (MPNGF)
Meituan (MPNGF) Q3 2023 Earnings Call Transcript Summary
The following is a summary of the Meituan (MPNGF) Q3 2023 Earnings Call Transcript:FinancialQ3 revenue growth of 22.1%, reached RMB 65.5 billion.Adjusted net profit increased by 62.4%, RMB 5.7 billion
Notable Earnings After Tuesday's Close
Market Chatter: Meituan CEO Slashes Stake in Li Auto
Meituan (HKG:3690) Chief Executive Officer Wang Xing sold 1.9 million shares in Li Auto (HKG:2015) between Sept. 12 and 15, Yicai Global reported Tuesday.
[Brokerage Focus] Huaxi Securities maintains Meituan-W (03690) “buy” rating revenue and profit growth
According to Huaxi Securities Research Report, Meituan-W (03690) Q2 achieved operating income of 68 billion yuan, an increase of 33% over the previous year; adjusted net profit of 7.7 billion yuan, an increase of 272% over the previous year. In terms of the flash sales business, the number of users and the frequency of repurchases continued to rise. The peak number of daily orders once again exceeded 10 million orders, and the number of merchants was +30% over the same period. In terms of retail and wine travel, the company's announcement showed that the transaction volume was +120% year-on-year, and the number of active merchants and active users reached a record high.
Meituan Reports Q2 Results
Market Chatter: China's Meituan Picks Stake in ChatGPT Rival Zhipu
Chinese food delivery firm Meituan (HKG:3690) has reportedly picked a stake in ChatGPT competitor Zhipu AI, for an undisclosed sum.
Meituan's KeeTa Joins Hong Kong's Food Delivery Race — but Analysts Are Skeptical
Chinese food delivery giant Meituan has launched a sister app in Hong Kong, its first roll-out outside of mainland China — but some analysts are skeptical it can quickly carve out a significant market share.
Meituan Swings to Profit in Q1
Meituan (HKG:3690) swung to a profit of 3.36 billion yuan in the first quarter from a loss of 5.70 billion yuan in the year-ago period, a Thursday filing said.
Meituan Reports Profit Rise in Q1 Amid Consumption Recovery
China's e-commerce platform Meituan Thursday reported an operating profit of 3.59 billion yuan ($509 million) in the first quarter of this year, turning from a loss to a profit.
Meituan Reports Q1 Results
Press Release: Meituan Announces Financial Results for the Three Months Ended March 31, 2023
HONG KONG, May 25, 2023 /PRNewswire/ -- Meituan (HKG: 3690) (the "Company"), a leading technology-driven retail company in China, today announced the unaudited consolidated results of the Company for the three months ended March 31, 2023.
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