Full text | Meituan Q3 earnings conference transcript: The total investment in the "Dining Merchant Support Initiative" is 1 billion yuan.

Meituan (HKEX: 3690) released its financial report for the third quarter of 2024 today: revenue was 93.6 billion yuan, an increase of 22.4% year-on-year. Net income was 12.9 billion yuan, compared to 3.6 billion yuan in the same period of 2023; adjusted net income under non-International Financial Reporting Standards was 12.83 billion yuan, a year-on-year increase of 124.0%. After the financial report was released, Meituan's chairman and CEO Wang Xing, along with senior vice president and CFO Chen Shaohui, participated in a subsequent analyst conference call to interpret the financial report. The following is a transcript of the Q&A session during the conference call: Citic Securities analyst Ya Jiang: I

Sina TechnologyNov 29 08:23 ET

US Morning News Call | Trump's Treasury Pick Spurs Market Optimism, Weakens Dollar

Moomoo Breakfast USNov 29 07:49 ET

Meituan's Profit Balloons 258% in Q3

MT NewswiresNov 29 04:10 ET

[Hong Kong Stock Connect] Meituan (03690) Q3 net income increased by 258.05% year-on-year.

Jinwu Financial News | Meituan (03690) announced its performance for the three months ending September 30, 2024. During the period, the profit attributable to the company's equity holders was 12.865 billion yuan (RMB, same below), a year-on-year increase of 258.05%. During the period, the group's revenue was 93.577 billion yuan, a year-on-year increase of 22.38%. Specifically, delivery service revenue was 27.784 billion yuan, a year-on-year increase of 20.89%; commission revenue was 26.89 billion yuan, a year-on-year increase of 24.86%; online marketing services revenue was 13.539 billion yuan, a year-on-year increase of 18.36%; other services and sales (including interest

金吾财讯Nov 29 03:44 ET

Meituan released its Q3 2024 financial report: quarterly revenue of 93.6 billion yuan, a year-on-year growth of 22.4%.

On November 29, Meituan (stock code: 3690.HK) released its performance report for the third quarter of 2024. In this quarter, Meituan achieved revenue of 93.6 billion yuan (RMB, same below), a year-on-year growth of 22.4%. With the solid advancement of high-quality economic development in china and the improvement of consumer confidence, in the third quarter, the number of annual trading users, the number of active merchants, and the annual average consumption frequency of annual trading users all continued to grow, breaking historical highs. The number of instant delivery orders increased to 7.1 billion. "In this quarter, the company's various businesses achieved stable development," said Meituan CEO Wang Xing. "We will continue to meet user demand."

Gelonghui FinanceNov 29 03:39 ET

Meituan's third-quarter revenue was 93.6 billion yuan, with a net income adjusted to 12.83 billion yuan.

On the afternoon of November 29, news reported that Meituan (HKEX: 3690) released its financial report for the third quarter of 2024 today: revenue was 93.6 billion yuan, an increase of 22.4% year-on-year. Net income was 12.9 billion yuan, compared to 3.6 billion yuan in the same period of 2023; measured according to non-International Financial Reporting Standards, the adjusted net income was 12.83 billion yuan, a year-on-year increase of 124.0%. Core local business: The financial report shows that in the third quarter of 2024, revenue from Meituan's core local business segment grew by 20.2% year-on-year to 69.4 billion yuan. Operating profit increased by 44.4% year-on-year to 14.6 billion yuan, operating profit.

新浪科技Nov 29 03:35 ET