Meituan (3690.HK)
| Previous close | 178.300 |
| Open | 177.500 |
| Bid | 188.400 x 0 |
| Ask | 188.500 x 0 |
| Day's range | 175.300 - 188.900 |
| 52-week range | 103.500 - 256.600 |
| Volume | |
| Avg. volume | 36,037,052 |
| Market cap | 1.157T |
| Beta (5Y monthly) | 0.84 |
| PE ratio (TTM) | N/A |
| EPS (TTM) | N/A |
| Earnings date | 24 Nov 2022 - 28 Nov 2022 |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | 250.31 |
- Bloomberg
Meituan’s Revenue Climbs 28% After Covid Drives Meal Delivery
(Bloomberg) -- Meituan posted a 28% surge in revenue, affirming resilient demand in China for takeaway from people confined to home during the pandemic.Most Read from BloombergScientists Revive 48,500-Year-Old ‘Zombie Virus’ Buried in IceThese Are the Best and Worst Cities for Expats to Live and Work InBanks Stuck With $42 Billion Debt Seize Chance to Offload ItThis Is Where Luxury Property Prices May Rise and Fall the Most in 2023NYC Becomes One Billionaire Family’s Haven From China Property Cr
- Reuters
China’s Meituan beats revenue estimates, swings to profit
BEIJING (Reuters) -Chinese food delivery giant Meituan reported better than expected quarterly revenue growth of 28.2% on Friday and swung back to profit as the company recovered from COVID-19 curbs. Meituan, whose services also include restaurant reviews and bike-sharing, said total revenue rose to 62.62 billion yuan ($8.74 billion) in the three months ended September, compared with analysts' average estimate of 61.79 billion yuan, according to Refinitiv data. The company swung to a quarterly profit of 1.22 billion yuan from a loss of 9.99 billion yuan a year earlier, as it pulled the brakes on heavily funding its new initiatives.
- Bloomberg
Tencent’s $20 Billion Meituan Stake Cut Ignites Internet Selloff
(Bloomberg) -- Tencent Holdings Ltd.’s plan to dole out $20 billion of stock in meal delivery giant Meituan triggered a broad selloff of Chinese internet stocks on Thursday as investors fear more divestments by the online gaming company are in the offing.Most Read from BloombergXi Looks Away From Putin Toward West in World Stage ReturnGOP Retakes US House by Slim Margin in Washington Power ShiftElizabeth Holmes Says US Is Wrong to Suggest She Marry Her Partner to Pay DebtsXi Confronts Trudeau Ov
