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MEITUAN-W (03690) plans to issue 63.1027 million shares according to the share plan.
MEITUAN-W (03690) announced that it will issue a total of... from March 6 to March 7, 2025, according to the share scheme.
"The trend of 'the East rises while the West declines' accelerates, China’s Magnificent 7 surpasses the American stock market's 'seven giants'."
This year, China’s Technology giants launched a frenzy with a surge of 439 billion USD in Market Cap, leaving their once-unrivaled USA counterparts far behind.
Meituan's Global Strategy: Opportunities in the $30 billion takeaway market.
Morgan Stanley estimates that by 2028, the takeout market size in the Gulf Cooperation Council (GCC) countries will reach 30 billion dollars, with a compound annual growth rate of up to 15% from 2024 to 2028. Among them, the market size in Saudi Arabia will reach 16 billion dollars, accounting for over 50% of the total GCC market.
Trending Stocks Today: PROSPEROUSPRINT Surges 82.05%
Meituan in the next decade: food retail, Global expansion, and AI.
Citi is bullish on Meituan, stating that Meituan's fresh retail Business is highly aligned with the instant retail delivery Global Strategy that Meituan has been vigorously promoting in recent years, as there are natural cross-selling opportunities between fresh retail Business and the food delivery Business.
Trending Stocks Today: KUAISHOU-W Gets a 16.93% Boost
