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Meituan (MPNGY)

Other OTC - Other OTC Delayed price. Currency in USD
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62.38+1.63 (+2.68%)
As of 02:16PM EST. Market open.
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  • d
    dougie
    When does MPNGF have earnings?
  • Y
    Yahoo Finance Insights
    3690.HK is down 9.71% to 238.00
  • 洗精瓶支那猪毛腊肉
    MADE IN GINA , U NO OwN SHARE when you buy fake B C shares dum dum
  • R
    Rose
    I totally agree, trading the triangle is very dangerous especially for inexperienced traders!
  • Y
    Yahoo Finance Insights
    3690.HK is up 9.53% to 280.40
  • Y
    Yahoo Finance Insights
    3690.HK is up 9.19% to 249.60
  • P
    Peter
    Anyone know when this will be listed on NYSE ?
  • H
    Huanluo
    The stock is down since earnings, however they beat the earning estimates...
    Does anyone know why the stock is down even after beating estimates?

    This stock is going to continue to grow in the future
  • P
    Peter
    Underrated stock, as soon as this is listed on Nasdaq this will rise and rise
  • S
    SocratesAsks
    Total operating profit for the company grew by 61.6% YoY to reach RMB4.3 billion in FY 2020. Annual Transacting Users on our platform rose 13.3% YoY to 510.6 million in FY 2020, while Annual Active Merchants grew 10.1% to reach 6.8 million.
  • S
    SocratesAsks
    03/08/21: Meituan launches massive campus recruitment including 64 job types, including R&D, algorithms, testing, operations, security, product, product operations, design, business analysis, HR and retail.
  • H
    Hoosa007
    Anyone can help me understand why Meituan has two symbols under OTC and which of the two I should buy?
  • S
    SocratesAsks
    Food delivery business’s GTV increased by 24.5% YoY to RMB488.9 billion, the number of transactions increased by 16.3% YoY to 10.1 billion, and the daily average number of food delivery transactions increased by 16.0% YoY to 27.7 million.
  • S
    SocratesAsks
    28/05/21: Meituan announced Q1 2021 results after the Hong Kong close overnight. Topline growth was simply outstanding, but the company’s losses expanded due to heavy investment to the “new initiatives” of its “Food+Platform strategy”, Meituan Grocery, and “Instashopping”. During the first quarter of 2021, the community e-commerce business, Meituan Select, further expanded its geographical coverage to over 2,600 cities and counties, practically completing the nationwide expansion objective.
    Key figures:
    -Revenues increased 120.9% to RMB 37.016B versus analyst expectations of RMB 35B and Q1 2020’s RMB 16.753B
    -Revenues by segment: Food delivery +116% to RMB 20.575B, In-store/hotel/travel +112% to RMB 6.584B and New initiatives +136% to RMB 9.856B
    -Transacting Users increased 26.9% to 569.3mm from Q1 2020’s 448.6mm
    -Total operating loss increased +177.9% to RMB 4.767B from Q1 2020’s RMB 1.715B and analyst expectations of RMB -5.538B
    -Cash on the books increased to RMB 17.792B from Q4 2020’s RMB 17.093B
  • S
    SocratesAsks
    Meituan beat analyst estimates by pulling in US$5.8 billion in the fourth quarter after consumer spending had previously dipped during the Covid-19 pandemic. Annual revenue also increased 18 per cent to US$17.5 billion in 2020, aided by growth in the company’s community group buying service.
  • S
    SocratesAsks
    27/06/21: After the annual general meeting held on June 23, 2021 and the statements of CEO Wang Xing, Meituan (3690.HK) hits a new high of nearly two and a half months and gets net purchases from southbound funds for 4 consecutive days with a cumulative net purchase of over HK$1.6 billion. Meituan gained 4.76% to HK$330, and its market value has returned to HK$2 trillion, reaching HK$2.02 trillion. Previously, the founder and CEO of Meituan Wang Xing stated at the annual general meeting (AGM) that he is confident in the long-term development of community e-commerce, and reaffirmed that community e-commerce has a lot of market space ahead and it can really drive Meituan into commodity e-commerce, expanding the wider consumer retail market.
  • S
    SocratesAsks
    25/06/21: According to the Tianyancha APP, on June 25, Shenzhen Meituan Optimal Network Technology Co., Ltd. was established with a registered capital of 1 million yuan and the legal representative is Deng Renjian. The business scope includes technical services; information system integration services; housekeeping services; vector control services; catering services; network cultural operations, etc. Shareholder information shows that the company is wholly-owned by Shanghai Hantao Information Consulting Co., Ltd., an affiliate of Meituan Dianping.
  • E
    Elisa
    I said on this forum 2 months ago that Meituan was overvalued. My comment got down voted, surely by a Meituan bagholder. Despite a significant correction since, it is stills overvalued on a fundamental basis, and that is not even accounting for the crackdown on free enterprise and innovation by bureaucrats in Peking.