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Home Commodities

Meituan to Invest 100 Billion Yuan in Food and Beverage Sector

by Market News Board
2 months ago
in Commodities, Crypto, Economy News, Gold, Market Overview, Oil, Silver
Shell Discontinues Brazilian Renewable Projects
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Delayed


Hong Kong S.E.



03:51:39 2025-04-16 am EDT

5-day change 1st Jan Change

136.10 HKD

-7.29% -6.97% -10.22%

April 16, 2025 at 03:46 am EDT

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© MT Newswires – 2025

Meituan to Invest 100 Billion Yuan in Food and Beverage Sector


03:46am

MT

Tariffs to Hurt Online Sellers; Games, Music Safer Bets, Jefferies Says


Apr. 14

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S&P Upgrades Meituan to A- on Food Delivery Market Leadership


Apr. 07

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Apr. 07

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The Zephirin Group Downgrades Meituan to Hold from Buy, Adjusts Price Target to HK$140 from HK$148


Mar. 26

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Mar. 25

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Futures buoyant ahead of data-driven week


Mar. 24

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Yuanta Securities Upgrades Meituan to Buy from Hold, Price Target is HK$198


Mar. 24

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Jefferies Adjusts Meituan’s Price Target to HK$215 From HK$270, Keeps at Buy


Mar. 24

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Nomura Adjusts Meituan’s Price Target to HK$200 From HK$212, Keeps at Buy


Mar. 24

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Futures buoyant as markets sail toward tariff storm


Mar. 24

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Mar. 21

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Meituan joins China’s AI spending race, says investing ‘billions’ in chips


Mar. 21

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Meituan joins China’s AI spending race, says investing ‘billions’ in chips


Mar. 21

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Meituan’s Profit Soars 181% in Q4


Mar. 21

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Meituan Nearly Triples Profit Despite Competition — Update


Mar. 21

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Meituan, Q4 2024 Earnings Call, Mar 21, 2025


Mar. 21

China’s top food delivery firm Meituan’s revenue in line with estimates


Mar. 21

RE

China’s top food delivery firm Meituan’s revenue in line with estimates


Mar. 21

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Meituan Nearly Triples Profit Despite Competition


Mar. 21

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China’s biggest food delivery firm Meituan’s Q4 revenue in line with estimates


Mar. 21

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Meituan Reports Earnings Results for the Full Year Ended December 31, 2024


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Mar. 20

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Chart Meituan

3690: Dynamic Chart

Logo Meituan

Meituan, formerly Meituan Dianping, is a China-based e-commerce platform providing life services. The Company connects consumers and businesses to provide services satisfying people’s daily eating needs. The Company owns an instant food ordering and delivery brand, Meituan, as well as provides services through its mobile application, Meituan. The Company is also engaged in the operation of a bike-sharing brand, Mobike.

More about the company

Sell

Consensus

Buy

Last Close Price

138.44CNY

Average target price

189.33CNY

Spread / Average Target

+36.76%

Consensus

Quarterly revenue – Rate of surprise

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