Berlin - Delayed Quote EUR

Meituan (9MD.BE)

14.77

-0.62

(-4.03%)

At close: 6:46:13 PM GMT+2

Tesla at Risk of a ‘Throwaway Year’ Without a New Narrative From Earnings

(Bloomberg) -- Tesla Inc. investors reeling from one of the stock’s worst-ever quarters are once again looking for Elon Musk to inject excitement back into the company when it reports results Tuesday, as profits slip and the much-awaited debut of a self-driving car remains months away.Most Read from BloombergDOGE Visits National Gallery of Art to Discuss Museum’s Legal StatusTrump Gives New York ‘One Last Chance’ to End Congestion FeeTrump Administration Takes Over New York Penn Station RevampTh

Bloomberg 8 hours ago

F

BCS

GM
JD.com, Meituan shares plunge as delivery competition heats up

(Bloomberg) -- An intensifying rivalry between JD.com Inc. and Meituan in China’s food delivery space is dealing a blow to their share prices, as investors worry about the hit to profitability.Most Read from BloombergDOGE Visits National Gallery of Art to Discuss Museum’s Legal StatusTrump Gives New York ‘One Last Chance’ to End Congestion FeeTrump Administration Takes Over New York Penn Station RevampThe Racial Wealth Gap Is Not Just About MoneyNashville’s $3 Billion Transit Plan Brings a Call

Bloomberg 17 hours ago

BABA

BABAF

MPNGF
China's JD.com calls out anti-competitive pressures on food delivery couriers

Chinese e-commerce giant JD.com highlighted anti-competitive pressures on food delivery couriers on Monday, alleging that other platforms were coercing couriers to avoid working with JD Takeaway, a claim denied by its competitor Meituan. JD Takeaway began onboarding restaurants in February with promises of "zero commissions all year round", marking its entrance into China's highly competitive food delivery space and threatening to disrupt the market share of leading players who rely on scale for success in this low-margin sector. In the post on JD.com's official Weixin account, addressed to couriers working with JD Takeaway, the company said it was aware of pressures on them to not accept orders from JD.com and that it sympathised with their plight of being forced to choose between platforms.

Reuters yesterday

MPNGY

JD
Chinese Stocks Slump in Hong Kong as Trade War Concerns Mount

(Bloomberg) -- Chinese stocks in Hong Kong snapped a six-day winning streak, as renewed fears of an expanding US-China trade war weighed on sentiment.Most Read from BloombergHow Did This Suburb Figure Out Mass Transit?Trump Signs Executive Orders on Federal Purchasing, Office SpaceLA County Floats Leaner Budget Burdened by Fire and Legal CostsThe Hang Seng China Enterprises Index closed down 2.6% to be among Asia’s worst performers on Wednesday. The mainland benchmark CSI 300 Index ended up 0.3%

Bloomberg 6 days ago

MPNGF

MPNGY

XIACF
3 Asian Growth Companies With High Insider Ownership Growing Earnings Up To 92%

Amid heightened global trade tensions and economic uncertainty, Asian markets have been navigating a challenging environment as tariffs impact growth prospects. In this context, companies with strong insider ownership can be particularly appealing to investors, as they often demonstrate confidence in the company's potential and alignment with shareholder interests.

Simply Wall St. 15 days ago

MPNGF

MPNGY
Meituan (MPNGF) Q4 2024 Earnings Call Highlights: Strong Revenue Growth and Strategic Expansion ...

Meituan (MPNGF) reports a 20.1% increase in Q4 revenue, exceeding expectations with strategic investments in AI and international markets.

GuruFocus.com last month

MPNGY
Meituan joins China's AI spending race, says investing 'billions' in chips

Wang Xing, CEO of China's largest food delivery firm Meituan, said on Friday in a post-earnings call that the company is pouring "billions" into chips used to train AI models, with more investment planned this year. The escalated spending and promise of further increases aligns with similar large-scale AI investments by China's other tech giants. E-commerce conglomerate Alibaba announced in February that it would allocated at least 380 billion yuan toward cloud computing and AI infrastructure over the next three years.

Reuters last month

MPNGY
Meituan Joins China AI Model Race After Revenue Jumps 20%

(Bloomberg) -- 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 wave of development. Most Read from BloombergThey Built a Secret Apartment in a Mall. Now the Mall Is Dying.Why Did the Government Declare War on My Adorable Tiny Truck?Trump Slashed International Aid. Geneva Is Feeling the Impact.How SUVs Are Making Traffic WorseParis Votes to Make 500 Mor

Bloomberg last month

MPNGY
Meituan Nearly Triples Profit Despite Competition

Chinese food-delivery giant Meituan continued its run of strong earnings even as it faces fierce competition and a weaker Chinese economy.

The Wall Street Journal last month

MPNGF

MPNGY
China's top food delivery firm Meituan's revenue in line with estimates

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. Meituan's revenue reached 88.5 billion yuan ($12.21 billion) in the three months ended December, just above analysts' estimates of 87.7 billion yuan, according to LSEG data. Meituan, whose app offers a wide range of services including bike-sharing, ticket-booking, and maps, reported a revenue of 337.59 billion yuan for the year, up from 276.75 billion yuan in 2023.

Reuters last month

MPNGY
Meituan Stock Return Targets Are Among Highest in China Tech

(Bloomberg) -- Meituan’s results due later Friday will help assess if its share price upside is as promising as sell-side analysts suggest. Most Read from BloombergThey Built a Secret Apartment in a Mall. Now the Mall Is Dying.Why Did the Government Declare War on My Adorable Tiny Truck?Trump Slashed International Aid. Geneva Is Feeling the Impact.How SUVs Are Making Traffic WorseChicago Transit Faces ‘Doomsday Scenario,’ Regional Agency SaysThey estimate the stock will rise to HK$219.91 in the

Bloomberg last month

MPNGY
Stocks to watch this week: Tencent, Micron, Nike, Prudential and JD Wetherspoon

Earnings preview of key companies reporting this week and what to look out for

Yahoo Finance UK last month

MGPUF

PIAIF

PNGAY
Deep-Pocketed Meituan Looks to Build on Its Hong Kong Victory

(Bloomberg) -- Simon Miao, a Hong Kong resident, signed up for a food-delivery subscription with Deliveroo during the pandemic, but he later canceled it because the monthly fee, which tops out at HK$98 ($12.61), didn’t bring many perks. Most Read from BloombergICE Eyes Massive California Tent Facility Amid Space ConstraintsHow Britain’s Most Bike-Friendly New Town Got BuiltThe Dark Prophet of Car-Clogged CitiesWashington, DC, Region Braces for ‘Devastating’ Cuts from CongressNYC Plans for Flood

Bloomberg last month

MPNGY

DHER.DE
China’s delivery platforms compete to offer better worker benefits

China’s food delivery platforms are competing to roll out social security benefits, as the government presses for improved conditions in an industry...

PREMIUM
Financial Times last month

MPNGY
JD.com’s Food Delivery Foray Unnerves Investors as Shares Lag

(Bloomberg) -- Investors in shares of JD.com Inc. face a gut check in next week’s earnings report from the online retailer as it girds for battle in the food-delivery space currently dominated by Meituan.Most Read from BloombergHow Upzoning in Cambridge Broke the YIMBY MoldRemembering the Landscape Architect Who Embraced the CityNYC’s Finances Are Sinking With Gauge Falling to 11-Year LowUS Tent Facility is Holding Migrant Families Longer Than RecommendedRepublican Mayor Braces for Tariffs: 'We

Bloomberg last month

MPNGY

JD

BABA
Walmart China allies with Meituan for delivery service

E-commerce represents almost half of Walmart's sales in the country.

Retail Insight Network 4 months ago

WMT

MPNGY
Walmart partners with China's Meituan for 30-minute deliveries 'anytime, anywhere'

US retail giant Walmart is teaming up with Chinese on-demand delivery giant Meituan, promising speedy door-to-door service on the mainland, four months after it sold its stake JD.com, winding down the long-time partnership. Walmart's China unit said on its official WeChat account that all of its stores across the country are now listed on Meituan's platform, making groceries and other goods available for immediate delivery. Meituan vice-president Xiao Kun said that by using the Shangou service,

South China Morning Post 4 months ago

WMT

MPNGY
Walmart teams up with delivery firm Meituan in bid to boost China e-commerce sales

SHANGHAI (Reuters) -Walmart said on Tuesday it had formed a strategic partnership with Meituan under which the Chinese firm has begun providing delivery services for Walmart goods and the U.S. company will be featured on its popular app. The move will help Walmart accelerate its e-commerce business in China, which accounts for nearly half of its sales in the country, Walmart's China unit said in a Wechat post. The partnership follows Walmart's sale of a stake in Chinese e-commerce firm JD.com for $3.7 billion in August, allowing it to diversify beyond JD's logistics services.

Reuters 4 months ago

MPNGY

WMT
December 2024 Growth Companies With Strong Insider Ownership

As global markets continue to navigate a landscape marked by political shifts and economic data releases, major U.S. indexes have shown mixed results with growth stocks leading the charge, notably outperforming their value counterparts. In this environment of dispersed sector performance and heightened anticipation around central bank decisions, companies with strong insider ownership can offer unique insights into potential growth trajectories, as insiders often possess valuable knowledge...

Simply Wall St. 4 months ago

MPNGF

MPNGY

9863.HK
China's Meituan to expand Keeta food delivery service to more Middle East cities, sources say

Chinese food delivery giant Meituan, which operates the Keeta brand in Hong Kong and Saudi Arabia, is set to expand to more Middle Eastern and North African countries, according to two sources familiar with the matter. Keeta, which launched in the Saudi Arabian city of Al-Kharj in September and has since entered the capital Riyadh, will be available in Dammam and Jeddah, two other major cities in the Gulf nation, by year end, the two people said. The platform will then go to Mecca and Medina, Is

South China Morning Post 4 months ago

MPNGY

Performance Overview

Return	9MD.BE	HANG SENG INDEX (^HSI)
YTD	-21.69%	+7.49%
1-Year	+28.35%	+30.59%
3-Year	-4.41%	+4.48%

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Meituan (9MD.BE)

Tesla at Risk of a ‘Throwaway Year’ Without a New Narrative From Earnings

JD.com, Meituan shares plunge as delivery competition heats up

China's JD.com calls out anti-competitive pressures on food delivery couriers

Chinese Stocks Slump in Hong Kong as Trade War Concerns Mount

3 Asian Growth Companies With High Insider Ownership Growing Earnings Up To 92%

Meituan (MPNGF) Q4 2024 Earnings Call Highlights: Strong Revenue Growth and Strategic Expansion ...

Meituan joins China's AI spending race, says investing 'billions' in chips

Meituan Joins China AI Model Race After Revenue Jumps 20%

Meituan Nearly Triples Profit Despite Competition

China's top food delivery firm Meituan's revenue in line with estimates

Meituan Stock Return Targets Are Among Highest in China Tech

Stocks to watch this week: Tencent, Micron, Nike, Prudential and JD Wetherspoon

Deep-Pocketed Meituan Looks to Build on Its Hong Kong Victory

China’s delivery platforms compete to offer better worker benefits

JD.com’s Food Delivery Foray Unnerves Investors as Shares Lag

Walmart China allies with Meituan for delivery service

Walmart partners with China's Meituan for 30-minute deliveries 'anytime, anywhere'

Walmart teams up with delivery firm Meituan in bid to boost China e-commerce sales

December 2024 Growth Companies With Strong Insider Ownership

China's Meituan to expand Keeta food delivery service to more Middle East cities, sources say

Performance Overview