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Meituan Dips Below 2018 IPO Price as Selloff Reaches Extremes
Bloomberg via Yahoo Finance· 4 months ago(Bloomberg) -- A sustained, steep selloff in Meituan briefly drove the Chinese delivery giant’s...
Meituan Faces Battle with ByteDance to Revive Shares
Bloomberg via Yahoo Finance· 10 months ago(Bloomberg) -- Meituan’s 30% slide this year shows that troubles are deepening for the Chinese food-delivery firm as it faces stiff competition trying to...
Meituan to Debut in Riyadh in First Expansion Beyond China
Bloomberg via Yahoo Finance· 3 weeks ago(Bloomberg) -- Meituan is planning to launch its international food-delivery platform in Saudi...
Meituan’s Revenue Climbs 28% After Covid Drives Meal Delivery
Bloomberg via Yahoo Finance· 1 year ago(Bloomberg) -- Meituan posted a 28% surge in revenue, affirming resilient demand in China for...
Meituan Left Out of China Tech Rally as Competition Heats Up
Bloomberg via Yahoo Finance· 1 year ago(Bloomberg) -- Chinese tech stocks have powered ahead into the new year, but one internet giant has...
Meituan Troubles Are Piling Up Even After 40% Slump
Bloomberg via Yahoo Finance· 7 months ago(Bloomberg) -- The stock of China’s biggest food delivery platform has almost halved since a January peak and if traders are right, the worst isn’t...
Alibaba's Peer Meituan Eyes Downsizing Workforce, Restructuring Ride Hailing Business
Benzinga via Yahoo Finance· 1 year agoChina's Meituan (OTC: MPNGY) (OTC: MPNGY) plans to restructure its ride-hailing service and reduce...
Tencent-Backed Giants Dive on $24 Billion Meituan Sale Talk
Bloomberg via Yahoo Finance· 2 years ago(Bloomberg) -- Tencent Holdings Ltd.’s biggest investees plummeted after Reuters reported the social...
Tencent To Allocate $19.8B Meituan Stake As Special Dividend After Posting Consecutive Revenue...
Benzinga via Yahoo Finance· 1 year agoTencent Holdings Ltd (OTC: TCEHY) pledged to distribute the majority of its shares in meal delivery...
Alibaba's stock dropped so much that Jack Ma reversed a plan to sell shares for his other...
Business Insider via Yahoo Finance· 6 months agoAlibaba cofounder Jack Ma's wealth has halved from its late 2020 peak following a sustained slump in...