China Market Update: Delivery Giant Meituan Delivers Strong Q4 Results, Week In Review
Asian equities were mixed. Hong Kong and Mainland China saw another day of profit-taking due to a lack of catalysts, though ...
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 ...
Meituan’s Revenue Jumps 20% in a Boost for Global Expansion
Meituan’s quarterly revenue climbed 20%, suggesting the Chinese meal delivery leader is successfully fending off new domestic ...
China's top food delivery firm Meituan's revenue in line with estimates
China's largest food delivery firm Meituan posted fourth-quarter revenue on Friday that was largely in line with estimates, ...
Meituan Nearly Triples Profit Despite Competition — Update
Investor optimism about Meituan's growth prospects has propelled its shares. The company's Hong Kong-listed stock rose 85% in 2024 and is up more than 10% so far this year, though it remains far from ...
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 ...