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2024-06-11 04:39:44 ET Summary Meituan's revenue and normalized net income rose by +25% YoY and +36% YoY, respectively in Q1 2024, which exceeded expectations. But the company's cautious order volume guidance indicates that its top line growth could potentially slow in the quarter...
2024-06-06 12:15:24 ET Meituan (MPNGF) Q1 2024 Earnings Conference Call June 06, 2024, 07:00 AM ET Company Participants Sijia Xu - VP and Head-Capital Markets Xing Wang - Chairman and CEO Shaohui Chen - SVP and CFO Conference Call Participants Ronald ...
2024-06-04 02:30:23 ET Summary Meituan has suffered years of profitless growth in its new business portfolio. But management is finally righting the ship. With plenty of upside levers in the core business as well, Meituan stock is worth a revisit. Meituan ( MPNGY ...
2024-05-16 06:07:00 ET InvestorPlace - Stock Market News, Stock Advice & Trading Tips Chinese stocks have been some of the most battered in the entire world. However, things are finally turning around for the Chinese economy and the stock market as well. The ...
2024-05-09 11:48:59 ET Summary There is intense competition and low profitability in the food delivery industry, and the recently announced Uber and Instacart partnership could further complicate things for DoorDash. DoorDash reported revenue growth of 23% year-over-year for the f...
2024-03-22 15:42:05 ET Meituan (MPNGF) Q4 2023 Results Conference Call March 22, 2024 7:00 AM ET Company Participants Sijia Xu - VP 7 Head-Capital Markets Xing Wang - Chairman, CEO Shaohui Chen - SVP, CFO Conference Call Participants Ronald Keung - Go...
2024-02-20 09:44:00 ET Summary Meituan is launching a major restructuring that will place its core local business and new business units under two of its senior vice presidents. Founder and CEO Wang Xing will lead the company’s overseas charge, which dates back to the launc...
2024-01-30 16:26:18 ET Summary It is encouraging to know that Meituan has done its maiden buyback in January, but the buyback yield implied by the $1 billion share repurchase plan is less than 2%. I take the view that Meituan's Q4 2023 results disclosure in March 2024 is less like...
2024-01-28 11:00:00 ET Summary Baron is an asset management firm focused on delivering growth equity investment solutions known for a long-term, fundamental, active approach to growth investing. Baron Global Advantage Fund® (the Fund) was up 14.8% (Institutional Shares) durin...
2024-01-26 13:30:54 ET Pressure remains on the Chinese stock market as China’s CSI 300 Index ( SHSZ300 ), which is made to match the performance of the top 300 stocks traded on the Shanghai Stock Exchange and the Shenzhen Stock Exchange continues to fall.... Read the full a...
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2023-04-25 10:05:00 ET When asked about Chinese technology stocks, most investors will come back with names like Alibaba , Tencent , and JD.com . But other worthy companies can still make it onto investors' radars. One of these lesser-known but very well-established Chinese ...