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Meituan: Distributing over 50 million yuan in winter meal allowances for riders.
Sina Technology News, December 20 afternoon, according to the official WeChat news from Meituan riders, starting from December 19, Meituan will distribute over 50 million winter "meal subsidies" for riders nationwide. Riders can receive the subsidies on the delivery app and directly pick up their meals from the store after placing an order. After the subsidy, the price of a single regular meal will be 6-10 yuan, about half of the market price. According to previous related research and Statistics, during the afternoon hours when orders are less frequent, riders enjoy "drinking milk tea and playing mobile games." Therefore, in addition to fast food staples, Meituan also specially provides a "afternoon tea" subsidy package for riders. Riders can choose from options like Mixue Ice City, Cha Baidao, etc.
Cha Baidao (02555) rose over 5% as Institutions indicated that its brand building and product innovation reinforce its market leadership.
Cha Baidao (02555) has risen over 5%, reaching 5.03% as of the time of writing, priced at 11.28 Hong Kong dollars, with a trading volume of 2.05333 million Hong Kong dollars. In terms of news, Tianfeng Securities recently initiated coverage on Cha Baidao, giving it a "Buy" rating.
Tianfeng: Initiating coverage with a "Buy" rating on Cha Baidao (02555).
Recently, Tianfeng Securities initiated coverage on Cha Baidao (02555) and assigned it a "Buy" rating.
Cha Baidao (02555) rose by 9% after testing the large store market in south korea at the end of last month.
Tea Baidao (02555) closed up 9.22% today, at 10.42 Hong Kong dollars, with a trading volume of 1,743.39 million Hong Kong dollars.
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