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1. • Meituan’s Almost $40 Billion Rally Hinges On Competition, Expansion

     Forbes· 1 hour ago

     Wang Xing, founder and CEO of Chinese local services giant Meituan, managed to cut costs and find faster-than-expected growth in the first three months of 2024.

2. • 

     Food delivery giant Meituan’s quarterly revenue rises 25%, beating estimates

     South China Morning Post· 17 hours ago

     Meituan is also keen to launch its services in more international markets. “In the long run, our...

3. • 

     Earnings call: Meituan outlines robust Q1 growth with revenue up 75% By Investing.com

     Investing.com· 11 hours ago

     Meituan (3690.HK), the Chinese e-commerce platform specializing in local food delivery, reported a...

4. • Meituan Profit, Revenue Climb Despite Fierce Competition — Update

     Morningstar· 19 hours ago

     Meituan reported a jump in first-quarter profit and revenue, thanks to solid growth in its food-delivery business despite increasingly ...

5. • 

     Meituan Prepping Middle East Foray While Exploring Europe, Asia

     Bloomberg via Yahoo Finance· 17 hours ago

     (Bloomberg) -- Meituan is preparing for a potential entry into the Middle East in its first...

6. • Meituan Posts Higher Profit, Revenue Despite Fierce Competition

     Morningstar· 20 hours ago

     By Tracy Qu Meituan reported higher profit and revenue in the first quarter despite increasingly stiff competition at home. The Beijing-based shopping-and-delivery ...

7. • Meituan Likely to Post Higher Profit, Revenue in First Quarter -- Earnings Preview

     Market Watch· 2 days ago

     Meituan is scheduled to report results for the first quarter on Thursday. NET PROFIT: The Chinese food-delivery company will likely report ...

8. • 

     Hong Kong snap 2-day rally as investors turn cautious ahead of US data

     South China Morning Post· 2 days ago

     A Wall Street Journal poll expects non-farm payroll, due on Friday, of 190,000 for May. Food-...

9. • Drone deliveries begin to take off in Shenzhen

     China Daily· 4 days ago

     People at a city library in Shenzhen, Guangdong province, can now have food delivered by drones following the launch of a low-altitude transport route. The new service allows ...

10. • 

      Hong Kong stocks rise amid bets of stability in China property, US rate cut hopes

      South China Morning Post· 3 days ago

      “We suggest a neutral to slightly bullish investment approach after recent correction in May,”...