Good morning and welcome to our 2024 Results Presentation. I'm Will Shu, Founder and CEO, of Deliveroo; and I'm joined by Scilla, our CFO. I wanted to start off by touching on the news from ...
In a report released today, Thomas Chong from Jefferies maintained a Buy rating on Meituan Dianping (MPNGF – Research Report), with a price ...
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 ...
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 ...
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 ...
We expect slow growth in Meituan’s customer acquisition, as the platform already boasts over 770 million users—68% of the Chinese internet users as of June 2024. While Meituan continues to ...
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 ...
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’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% ...
Meituan Joins China's AI Spending Race, Says Investing 'Billions' in Chips BEIJING (Reuters) - Wang Xing, CEO of China's largest food delivery firm Meituan, said on Friday in a post-earnings call ...
BEIJING (Reuters) -China's largest food delivery firm Meituan posted fourth-quarter revenue on Friday that was largely in line with estimates, amid sluggish Chinese consumption.