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Meituan - MPNGY STOCK NEWS

Welcome to our dedicated news page for Meituan (Ticker: MPNGY), a resource for investors and traders seeking the latest updates and insights on Meituan.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Meituan's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Meituan's position in the market.

Rhea-AI Summary
Meituan (MPNGY) reports strong financial performance for 2023 with revenue growth, profit turnaround, and strategic business highlights.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.07%
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Rhea-AI Summary
Meituan (HKG: 3690) Announces 22.1% Revenue Growth in Q3 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-10.76%
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Rhea-AI Summary
Meituan announces Q2 2023 financial results, revenues increased by 33.4% to RMB68.0 billion, achieving profit of RMB4.7 billion compared to a loss of RMB1.1 billion in Q2 2022. Adjusted EBITDA and adjusted net profit were both RMB7.7 billion, highest level in history. Core local commerce segment revenue increased by 39.2% to RMB51.2 billion. On-demand delivery transactions increased by 31.6% year over year. New initiatives segment revenues increased by 18.4% to RMB16.8 billion, operating loss decreased by 23.5% to RMB5.2 billion.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.89%
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Rhea-AI Summary
Meituan announces unaudited Q1 2023 results with revenue increase of 26.7% to RMB58.6 billion. Operating profit for Core local commerce segment up by 100.7% to RMB9.4 billion. New initiatives segment operating loss narrows to RMB5.0 billion. Profit for the period is RMB3.4 billion. Adjusted EBITDA and adjusted net profit reach highest level in history. Cash and cash equivalents of RMB26.9 billion and short-term treasury investments of RMB84.5 billion as of March 31, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.84%
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Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.74%
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.95%
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.7%
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.49%
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.35%
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Meituan

OTC:MPNGY

MPNGY Rankings

MPNGY Stock Data

80.91B
5.35B
0.01%
Electronic Shopping
Retail Trade
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China
Beijing