SEHK:3690Hospitality
Meituan (SEHK:3690): Revisiting Valuation After Competitive Pressures Hit Profits and Spark AI, Global Expansion Bets
Meituan (SEHK:3690) is under pressure after reporting higher net losses, as fierce competition in the food delivery market squeezes profits. Recent efforts to invest in AI and expand internationally are drawing attention from investors.
See our latest analysis for Meituan.
Despite the company’s ambitious jumps into AI and global expansion, Meituan’s 1-year total shareholder return is a steep -45.59%, with momentum still clearly under pressure after a year-to-date share price return of -33.2%...