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Meituan (MPNGY)

Other OTC - Other OTC Delayed price. Currency in USD
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64.15-6.01 (-8.57%)
At close: 12:59PM EST
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Trade prices are not sourced from all markets
Previous close70.16
Open66.02
BidN/A x N/A
AskN/A x N/A
Day's range62.50 - 66.04
52-week range49.91 - 118.00
Volume339,890
Avg. volume84,042
Market cap207.319B
Beta (5Y monthly)1.00
PE ratio (TTM)N/A
EPS (TTM)-0.22
Earnings dateN/A
Forward dividend & yieldN/A (N/A)
Ex-dividend dateN/A
1y target estN/A
  • Bloomberg

    Meituan Posts Widest Loss Since 2018 as China Headwinds Grow

    (Bloomberg) -- Meituan reported its biggest loss in three years, weighed down by a bruising antitrust probe, an investment spurt and mounting competition from Alibaba Group Holding Ltd.. Most Read from BloombergBillionaire Family Feud Puts a Century-Old Business Empire in JeopardyAsia’s Richest Man Looks to Walton Family Playbook on SuccessionThe 24-Year-Old Aiming to Dethrone Victoria’s SecretAn Arab City’s Booming Art Scene Is Also a Grab at Soft PowerThe Winners and Losers From a Year of Rank

  • Reuters

    China's Meituan lowers outlook for its food delivery business

    SHANGHAI (Reuters) -China's Meituan on Friday forecast a weaker outlook for its core food delivery business next year, after a 3.4 billion yuan ($532.24 million) fine pushed it to report its largest-ever quarterly loss in three years. Tencent-backed Meituan said last month it had been fined by China's market regulator https://www.reuters.com/legal/litigation/chinese-delivery-giant-meituan-handed-527-mln-antitrust-fine-2021-10-08 an amount that equated to 3% of its domestic sales in 2020 for abusing its market dominant position, marking the end of a investigation that begun in April. Meituan, whose services include restaurant reviews and bike sharing, has in addition faced economic headwinds as consumption in the world's second-largest economy slows.

  • Bloomberg

    ByteDance Is Seeking Capital for China’s Answer to Zillow

    (Bloomberg) -- ByteDance Ltd. is in discussions with external investors on a cash infusion for its Zillow-like real estate listings and deals service, aiming to spin off and create an independent business that can tap the booming Chinese market.Most Read from BloombergBillionaire Family Feud Puts a Century-Old Business Empire in JeopardyAn Arab City’s Booming Art Scene Is Also a Grab at Soft PowerThe 24-Year-Old Aiming to Dethrone Victoria’s SecretThe Winners and Losers From a Year of Ranking Co