Annuncio • Mar 16
Meituan to Report Fiscal Year 2025 Results on Mar 26, 2026 Meituan announced that they will report fiscal year 2025 results on Mar 26, 2026 Annuncio • Feb 13
Meituan Provides Earning Guidance for the Year Ended December 31, 2025 Meituan provided earning guidance for the year ended December 31, 2025. For the period, the Group expects to record a loss in the range of approximately RMB 23,300 million to RMB 24,300 million for the year ended December 31, 2025 (the "FY2025"), as compared to a profit of approximately RMB 35,808 million for the year ended December 31, 2024 (the "FY2024"). The expected loss of the Group in FY2025 was primarily due to a reversal from an operating profit of approximately RMB 52,415 million in FY2024 to an operating loss of approximately RMB 6,800 million to RMB 7,000 million in FY2025 for the Core Local Commerce segment, together with increased investments in the Group's overseas businesses. In particular, in response to the unprecedentedly intense industry competition in FY2025, the Group strategically increased investments across its entire ecosystem to strengthen its core advantages and drive sustainable growth. These initiatives mainly included: (i) on the consumer front, enhancing marketing and promotional efforts to strengthen brand awareness and price competitiveness, thereby continuously improving user transaction activity and engagement; (ii) on the delivery front, increasing incentives and enriching benefits for couriers to ensure service quality and enhance user experience; and (iii) on the merchant front, maintaining proactive resource investment to support merchants in improving operational efficiency, expanding consumer reach, iterating business models, and achieving steady growth. Annuncio • Nov 18
Meituan to Report Q3, 2025 Results on Nov 28, 2025 Meituan announced that they will report Q3, 2025 results on Nov 28, 2025 Annuncio • Aug 17
Meituan to Report First Half, 2025 Results on Aug 27, 2025 Meituan announced that they will report first half, 2025 results on Aug 27, 2025 Annuncio • Jun 25
Naspers May Sell Part of Its 4% Stake in Meituan Naspers Limited (JSE:NPN) is prepared to sell down its ZAR 71 billion stake in the world's largest food delivery company following moves by China's Meituan (SEHK:3690) to enter Brazil, a market in which the JSE-listed group is already dominant. In May, Chinese technology and delivery giant Meituan said it was preparing to launch its food delivery service, Keeta, in Brazil. The company plans to invest $1 billion (ZAR 17.78 billion) over the next five years to establish and expand its operations in the country. This expansion marks Meituan's entry into the South American market. For Naspers, which holds a stake in Meituan of about 4%, the move presents a conundrum as it already operates one of the largest food delivery businesses in the region, iFood. Meituan's entry would see two of its associated companies directly competing in Brazil. During an investor call late on Monday, Naspers and Prosus CEO Fabricio Bloisi said the group may sell part of the stake in Meituan, using the funds to invest in its own e-commerce businesses. The former iFood CEO is bearish about the Chinese company's ability to crack the Latin America market, saying there is a high chance of failure. "Our strategy is to invest more in companies that reinforce our ecosystem and we are going to keep doing that aggressively. I think Meituan has less probability of winning internationally," said Bloisi. "They are going to face some tough competition. As a Meituan shareholder I am disappointed because their risk of failing increases. Therefore, we might sell part of the Meituan shares, [to invest] in other areas with more connection to our existing ecosystems." Such a move is likely to unlock a big cash pile for Naspers, whose Meituan stake is valued about $4 billion (ZAR 71.1 billion). Naspers acquired this stake in 2022 after Chinese internet giant Tencent decided to distribute its 17% stake in Meituan to shareholders. "If we say let's invest more in some businesses in Latin America that we believe will reinforce our ecosystem, we could sell part of [our] Meituan shares, or everything that we think is reasonable, to invest more to reinforce our ecosystem," Bloisi said. "And we are going to do that, looking to our shareholders. If we have opportunities to grow faster and better than Meituan in some of our ecosystems, we will do it." For Meituan, this move is part a broader global expansion strategy, following its previous expansions into Hong Kong and the Middle East. Annuncio • May 16
Meituan, Annual General Meeting, Jun 09, 2025 Meituan, Annual General Meeting, Jun 09, 2025, at 14:00 China Standard Time. Location: meituan exhibition center, block a, hengjiweiye building, no. 4 wang jing east road, chaoyang district, beijing., China Annuncio • May 14
Meituan to Report Q1, 2025 Results on May 26, 2025 Meituan announced that they will report Q1, 2025 results on May 26, 2025 Annuncio • Mar 11
Meituan to Report Fiscal Year 2024 Results on Mar 21, 2025 Meituan announced that they will report fiscal year 2024 results on Mar 21, 2025 Annuncio • Feb 28
KKR, Fountainvest and PAG Reportedly Among Those Eyeing Starbucks China Stake KKR & Co (KKR.N), Fountainvest Partners and PAG are among buyout firms interested in acquiring a stake in Starbucks Corporation (NasdaqGS:SBUX) China business (Starbucks (China) Company Limited), four sources said, as the U.S. coffee chain looks to revive flagging sales in its second-largest market. Chinese companies, including state-owned conglomerate China Resources (Holdings) Co., Ltd. and food delivery giant Meituan (SEHK:3690), have also been approached as potential buyers, said one of the sources with knowledge of the matter. Starbucks' Executive Vice President and Chief Financial Officer, Rachel Ruggeri, is expected to be among senior company executives visiting China in the coming weeks to hold sale talks, said two of the four sources. All the sources spoke on condition of anonymity as the information is not public yet. The talks come as Starbucks CEO Brian Niccol, who took the top job at the coffee chain in August, faces the daunting task of steering the company back to growth amid falling demand in the U.S. and China as well as a decline in its share price. Starbucks said on February 24, 2025 it would eliminate 1,100 corporate roles as Niccol's "Back to Starbucks" plan focuses on streamlining business through job cuts and by improving customer experience at its U.S. stores. The size of the stake to be sold in Starbucks' China business has not been determined and would be subject to negotiations, the sources said. The names of the interested bidders have not been previously reported. The Seattle-based company would likely prefer a franchisee deal with a strategic partner as part of a stake sale plan, said two of the sources. In a franchisee deal, Starbucks China would be valued at more than $1 billion, they added. A Starbucks spokesperson declined to confirm the content of the story and referred Reuters request for comment to Niccol's remarks on China at the earnings call in January, after his first market visit to China. Niccol said at the time that he saw several near-term changes Starbucks could make to strengthen its business while continuing to explore strategic partnerships to grow in China. KKR, PAG and China Resources declined to comment, while Fountainvest and Meituan did not respond. Starbucks is aiming to reach a deal for its China business by the end of this year, although the structure of the potential transaction has not been finalised and is subject to changes, two of the sources said. In China, the chain is dealing with sluggish economic growth and stiff competition from local brands such as Luckin Coffee, which has gained market share with cheaper products and wider coverage in lower-tier cities. Starbucks has been in informal talks with several private equity firms and companies since the second half of 2024 about strategic options for its business in China, home to more than a fifth of all Starbucks stores, the sources said. Annuncio • Nov 19
Meituan to Report Q3, 2024 Results on Nov 29, 2024 Meituan announced that they will report Q3, 2024 results on Nov 29, 2024 Annuncio • Aug 29
Meituan (SEHK:3690) announces an Equity Buyback. Meituan (SEHK:3690) announces a share repurchase program. Under the program, the company will repurchase up to $1,000 million worth of its Class B ordinary shares. Annuncio • Aug 15
Meituan to Report First Half, 2024 Results on Aug 28, 2024 Meituan announced that they will report first half, 2024 results on Aug 28, 2024 Annuncio • May 25
Meituan to Report Q1, 2024 Results on Jun 06, 2024 Meituan announced that they will report Q1, 2024 results After-Market on Jun 06, 2024 Annuncio • Mar 22
Meituan Appoints Marjorie Mun Tak Yang as Member of the Audit Committee Meituan announced that, Ms. Marjorie Mun Tak Yang (Ms. Yang), an independent non-executive director of the company, has been appointed as a member of the audit committee of the company (the audit committee), with effect from March 22, 2024. Annuncio • Mar 13
Meituan to Report Q4, 2023 Results on Mar 22, 2024 Meituan announced that they will report Q4, 2023 results After-Market on Mar 22, 2024 Annuncio • Nov 17
Meituan to Report Q3, 2023 Results on Nov 28, 2023 Meituan announced that they will report Q3, 2023 results After-Market on Nov 28, 2023 Annuncio • Aug 12
Meituan to Report First Half, 2023 Results on Aug 24, 2023 Meituan announced that they will report first half, 2023 results on Aug 24, 2023 Annuncio • Jul 01
Meituan Approves to Elect Marjorie Mun Tak Yang as an Independent Non-Executive Director Meituan at its AGM held on June 30, 2023, approved to elect Ms. Marjorie Mun Tak Yang as an independent non-executive Director. Annuncio • Jun 27
Meituan Announces Executive Changes Meituan announced that Mr. Wang Huiwen has tendered his resignation as a non-executive director of the Company, a member of the nomination committee of the board of directors of the Company and an authorized representative of the Company each with effect from June 26, 2023, due to personal health reasons. Mr. Wang Huiwen confirmed that he has no disagreement with the Company and there are no circumstances related to his resignation above which need to be brought to the attention of the Stock Exchange and the shareholders of the Company. Following the Resignation, the Company announced that Mr. Mu Rongjun, executive Director, has been appointed as an Authorized Representative with effect from June 26, 2023. The company further announces that, following the Resignation, the composition of the Nomination Committee shall consist of Mr. Leng Xuesong and Dr. Shum Heung Yeung Harry, with Mr. Leng Xuesong continuously serving as the chairman of the Nomination Committee. Annuncio • Jun 09
Meituan, Annual General Meeting, Jun 30, 2023 Meituan, Annual General Meeting, Jun 30, 2023, at 14:00 China Standard Time. Location: Command Center of Meituan Beijing Office, Block A Hengjiweiye Building, No. 4 Wang Jing East Road, Chaoyang District Beijing China Agenda: To receive and adopt the audited consolidated financial statements of the Company for the year ended December 31, 2022 and the reports of the Directors and independent auditor thereon; to consider conditional upon the passing of the special resolution set forth herein, to elect Ms. Marjorie Mun Tak Yang as an independent non-executive Director; to re-elect Mr. Wang Huiwen as a non-executive Director; to authorize the Board to fix the remuneration of the Directors; and to consider any other matters. Annuncio • May 22
Meituan Launches Food Delivery Brand KeeTa Amid Hong Kong Debut Meituan introduced KeeTa, a new food delivery brand as it officially launches in the Hong Kong market, to provide residents with more customized, efficient and reliable delivery services. Following the initial launch in Mong Kok and Tai Kok Tsui, the Company expects KeeTa to complete full coverage of the Hong Kong market by the end of this year. The KeeTa app is now available for download in major mobile app stores. Delivery services via KeeTa will start at 8:00 a.m., May 22, 2023 local time. Notable merchants that have joined KeeTa include brands like McDonald's, Maxim's MX (Mei Xin MX), KFC, Yoshinoya(Ji Ye Jia), Pacific Coffee, and popular food and beverage shops such as hana-musubi (Hua Yu Jie), Hung Fook Tong (Hong Fu Tang), and CHICHA San Chen(Chi Cha San Qian). Each newly registered KeeTa user will receive a gift coupon package valued at HKD 300, including special meal offers and delivery fee reductions. Annuncio • May 17
Meituan to Report Q1, 2023 Results on May 25, 2023 Meituan announced that they will report Q1, 2023 results After-Market on May 25, 2023