SEHK:3690Hospitality
Meituan (SEHK:3690) eyes Southeast Asia expansion to leverage growth amid strong earnings performance
Meituan (SEHK:3690) has recently completed a significant fixed-income offering of $1.19562 billion, reinforcing its financial strategy with a 4.500% senior unsecured note due in 2028. This move aligns with the company's impressive earnings growth of 175.5% over the past year, driven by strategic product innovations and robust financial health. As Meituan navigates challenges such as rising operational costs and regulatory changes, the following discussion will delve into its strategic...