Meituan's 4Q24 results were strong, with local commerce profits exceeding expectations and overseas investment losses narrowing, indicating robust fundamentals and growth potential. The company is ...

Investing.com -- On Wednesday, S&P Global Ratings upgraded the issuer credit rating of China-based online delivery company, Meituan, to ’A-’ from ’BBB+’. This upgrade is attributed to ...

We expect slow growth in Meituan’s customer acquisition, as the platform already boasts over 770 million users—68% of the Chinese internet users as of June 2024. While Meituan continues to ...

Meituan Instashopping plans to expand its “lightning warehouse” system – online-only fulfillment hubs optimized for rapid delivery – to digital appliances this year, following strong growth in ...

(Bloomberg) -- Meituan’s results due later Friday will help assess if its share price upside is as promising as sell-side analysts suggest. They estimate the stock will rise to HK$219.91 in the ...

Meituan's Keeta is set to dominate Hong Kong's food delivery market, capturing over 50% market share following Deliveroo's exit. Keeta's success in Hong Kong validates the Company's global growth ...

[BEIJING] Meituan’s quarterly revenue climbed 20 per cent, suggesting the Chinese meal delivery leader is successfully fending off new domestic competition while expanding abroad. The company posted ...

Deliveroo has faced stiff competition and price wars in Hong Kong from Foodpanda and KeeTa, a subsidiary of Chinese food delivery giant Meituan. Success in China has let Meituan expand ...

Deliveroo Plc will close its Hong Kong business after weak sales and mounting competition in the city weighed on the company’s international division. The London-based delivery company will sell ...

The other day I threw open the windows, ready to spring-clean and flip the mattress. Then I started to strip my bed only to see…sheets shredded by my husband’s toenails. How long has this ...

We see some near-term headwinds for Meituan in its food delivery business, which accounted for 52% of 2023 revenue but is expected to see operating margin pressure in 2024. The company cited ...

Wayfair A change of season is always a great time to upgrade bedding. That’s why we’ve been combing through Wayfair’s massive bedding sale in search of lighter fabrics. We sorted through ...