The information contained in this publication are obtained from, or based upon publicly available sources that we believe to reliable, but we make no warranty as to their accuracy or usefulness of the information provided, and accepts no liability for losses incurred by readers using research. Given user saturation, Meituan’s food delivery business is now transitioning from a focus on user acquisition to increasing the frequency of purchases.In that aspect, Meituan’s use of AI will be important in spurring more buying and lowering delivery costs.

: Get the latest Meituan Dianping Registered stock price and detailed information including news, historical charts and realtime prices.

In profitability, Alibaba beats Meituan by a fair margin (even when factoring how Alibaba is five times the size of Meituan, in terms of market cap). Stock analysis for Meituan Dianping (3690:Hong Kong) including stock price, stock chart, company news, key statistics, fundamentals and company profile. Before purchasing any discussed securities, please be sure actions are in line with your investment objectives, financial situation and particular needs. According to research firm iiMedia, the online food delivery market in China amounted to around RMB 240 billion (US$35.8 billion) in 2018, up 18% year-on-year.
Although it started off as a group-buying site similar to America's Register by giving us your email below to continue reading all of the content on the site.

... which had a great day. Asian equities had a strong day led by growth stocks following vaccine hopes and US dollar weakness. The In-store, Hotel, and Travel segment offers merchants to sell vouchers, coupons, tickets, and reservations in the platform. The food delivery segment pulled in 56.2% of Meituan’s total revenues in 2019, but only 18.7% of total gross profit.Meanwhile, 88.6% of Meituan’s gross profit came from its in-store, hotel and travel business. Please remember that investments can go up and down, including the possibility a stock could lose all of its value. International investors may be subject to additional risks arising from currency fluctuations and/or local taxes or restrictions. Recommendations and opinions are subject to change without notice. But only as long as the company has the right fundamentals that lead to future growth.Meituan built its user base and revenue stream around its food delivery business, but not profitability. Also you may receive a free Email Newsletter from the Motley Fool.

Please remember that investments can go up and down, including the possibility a stock could lose all of its value. In terms of successes, the company’s efforts in the hotel booking industry have been a great success for the company.

On September 20, 2018 Meituan Dianping debuted on the Hong Kong stock exchange at an IPO price of HK$69 per share. And should investors be buying its shares even as they surge?The latest market capitalization of Meituan is US$127.8 billion, surpassing all but three of the 50 Hang Seng Index constituent blue-chip stocks.How expensive is Meituan’s stock?

A decline of 94% from the average daily volume of 254,659 shares.

Get today's Meituan Dianping stock price and latest 3690 news as well as Meituan Dianping real-time stock quotes, technical analysis, full financials and more.

Meituan is the indisputable leader in the large food delivery sector in China. CEO Wang Xing believed that the Chinese food delivery business will undergo some structural changes. You may opt out at any time by © 2020 The Motley Fool Hong Kong Limited. According to research firm iiMedia, the online food delivery market in China amounted to around RMB 240 billion (US$35.8 billion) in 2018, up 18% year-on-year. The Food Delivery segment offers food ordering and delivery service through its platform.Invesco Dynamic Credit Opportunities Fd (NYSE:VTA) Short Interest UpdateChina Everbright International (OTCMKTS:CHFFF) Shares Down 1% Meituan-Dianping is a Chinese mobile internet company operating a local life information and trading platform.

Restaurants will focus more on developing their takeout business, resulting in greater cost efficiencies.Consumers on the other hand will be willing to pay more for convenience. International investors may be subject to additional risks arising from currency fluctuations and/or local taxes or restrictions. These money and investing tips can help your financial portfolio through any late summer storms Copyright © 2020 MarketWatch, Inc. All rights reserved. The travel industry has taken a big hit from COVID-19.Chinese domestic leisure travel did show a promising rebound, notably around the May Golden Week. So, how justified is the market’s optimism given the actual business realities that Meituan is facing?

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