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Airbnb (NASDAQ:ABNB) is transferring its customer and host data in China to competitors as it shutters the business, per Reuters. The online rental provider will transfer housing and host data to a number of domestic competitors, according to a Friday report. Specific providers targeted for t...
Meituan (MPNGF) Q1 2022 Earnings Conference Call June 02, 2022 07:00 AM ET Company Participants Scarlett Xu - Vice President and Head of Capital Markets Xing Wang - Chairman and Chief Executive Officer Shaohui Chen - Chief Financial Officer and Senior Vice President Conference Call Participan...
Meituan Announces Financial Results for the Three Months Ended March 31, 2022 PR Newswire HONG KONG , June 2, 2022 /PRNewswire/ -- Meituan (HKG: 3690) (the "Company"), China's leading e-commerce platform for services, today announced the unaudited con...
The KWEB ETF has been battered significantly as investors left Chinese Internet stocks in a hurry since 2021. However, we could be in the late stage of the current malaise. Our price action analysis suggests that the worst in Chinese Internet stocks seems to have been priced in. KWEB'...
Chinese President Xi Jinping directed that the government is committed to "deliver its economic growth target and support the healthy growth of internet platform companies." The edict from Xi himself is highly significant. He is committed to leveraging Alibaba and its peers to help me...
The plethora of headwinds facing Chinese Internet stocks are well known but since October 2008, TCEHY is up over 30 times even after the recent crash. With TCEHY’s outperformance over BABA stock, it's no wonder some questioned if Tencent stock is overvalued. To assuage shar...
Qiming's Nisa Leung, Duane Kuang Named on 2022 Forbes Midas List PR Newswire SHANGHAI , April 12, 2022 /PRNewswire/ – Forbes released the 2022 Midas List on April 12 , a ranking of the world's top 100 venture capitalists. Nisa Leung , Mana...
Meituan’s new businesses lost 38.4 billion yuan last year, erasing a 20.3 billion yuan operating profit from its two older core businesses. Company’s loss narrowed in last year’s fourth quarter, ending six straight quarters of growing losses, as one analyst said i...
Tencent reported a lackluster FQ4 earnings card. However, management offered cautiously optimistic guidance from H2'22. Notably, we think it represented a clear departure from the uncertainty in its previous earnings commentary. As such, we encourage Tencent investors to add expos...
Meituan (MPNGF) Q4 2021 Results Earnings Conference Call March 25, 2022, 07:00 AM ET Company Participants Scarlett Xu - Vice President and Head of Capital Markets and Joint Company Secretary Xing Wang - Co Founder, Chairman and Chief Executive Officer Shaohui Chen - Chief Financial Officer an...
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Meituan Announces Financial Results for the Year Ended December 31, 2023 PR Newswire HONG KONG , March 22, 2024 /PRNewswire/ -- Meituan (HKG: 3690) (the "Company"), a leading technology-driven retail company in China , today announced the audited consolidated...