The new initiatives segment’s operating loss was 35% better than our projection, thanks to narrowing losses in Meituan Select, in our view. The year-over-year decline in average order value ...

The company faces challenges in improving the efficiency of its Meituan Select business, which requires time and patience to achieve long-term targets. Despite strong growth, the online ...

We project that approximately 60% of the new initiatives segment’s operating loss in 2025 will stem from its Meituan Select community group purchase business. Losses in this segment have ...

So this year, how should we balance the investment in other new business, especially in the Meituan-Select? And given the increasing overseas capital needs, what is the company's shareholder ...

The company faces challenges in improving the efficiency of its Meituan Select business, which requires time and patience to achieve long-term targets. Despite strong growth, the online penetration ...

Meituan's 4Q24 results were strong, with local commerce profits exceeding expectations and overseas investment losses narrowing, indicating robust fundamentals and growth potential. The company is ...

Meituan unveiled plans for the first time to develop its own AI model after reporting a 20% jump in quarterly revenue, becoming the latest big Chinese tech player to join an accelerating global ...

In a report released today, Thomas Chong from Jefferies maintained a Buy rating on Meituan Dianping (MPNGF – Research Report), with a price ...

Chinese food delivery company Meituan (MPNGF), (HK:3690) fended off concerns about tougher competition and sluggish consumption in its home market to post a 20% rise in quarterly revenues almost ...

Every Wednesday and Friday, TechNode’s Briefing newsletter delivers a roundup of the most important news in China tech, straight to your inbox. Sign up Meituan, China’s local services platform, is ...

Meituan Instashopping plans to expand its “lightning warehouse” system – online-only fulfillment hubs optimized for rapid delivery – to digital appliances this year, following strong growth in ...

Meituan’s results due later Friday will help assess if its share price upside is as promising as sell-side analysts suggest. They estimate the stock will rise to HK$219.91 in the next year, 31% ...