Meituan plays the card of "Must-Try Ranking".

The content means traffic.

wallstreetcnJul 2 21:07 ET

Haidilao's 'most amazing part-time worker' has a new position.

After two years of being CEO of haidilao and becoming the head of the largest hotpot chain in China, Yang Lijuan, the "best waitress", has a new position. Author: Cao Anxun, Editor: Zhou Zhiyu. Recently, haidilao announced that Yang Lijuan will resign as executive director and CEO on July 1st, and Guo Yiqun, a 51-year-old veteran of haidilao, will take over her position. Yang Lijuan will then join Te Hai International as executive director and CEO, mainly responsible for the overall management and global strategy development of Te Hai International. Yang Lijuan has left a good impression on haidilao. In her first year as CEO, she promoted the Woodpecker program and tackled tough challenges.

wallstreetcnJun 28 05:00 ET

Meituan learns from pdd holdings.

Author | Liu Baodan Editor | Zhou Zhiyu After Alibaba and JD replicated the tens of billions of subsidies, Meituan also began to learn from Pinduoduo. Wang Xing applied the low-price group-buying model to local life, stabilizing the competition situation with Douyin. On June 6, Meituan handed in a better-than-expected quarterly report. In the first quarter of 2024, Meituan achieved a revenue of 73.3 billion yuan, a year-on-year increase of 25%, although the growth rate was slightly lower than the same period last year, but performed better than the previous two quarters, maintaining high growth. In terms of profitability, Meituan had a net profit and adjusted EBITDA of 5.37 billion yuan and 8.07 billion yuan, respectively, with growth rates of 60% and 2

wallstreetcnJun 7 06:26 ET

Meituan Phone Meeting: accumulated over 100 million members, Q2 on-demand order growth will return to normal, increasing live broadcasting efforts.

Meituan stated that overseas expansion is an important direction for the long-term growth of Meituan. Meituan Maicai plans to expand to the global market but will remain cautious. At the same time, the company empowers businesses with AI, attracts consumers by issuing a large number of coupons and providing discounts on popular products. In addition, the company is increasing its efforts in live-streaming activities and penetrating lower-tier markets to adapt to the transformation of consumer downgrading. Furthermore, Meituan's emerging businesses, such as bike sharing and power bank rentals, are leading the industry.

wallstreetcnJun 6 21:00 ET

Haidilao Zhang Yong and his wife won their fourth IPO

Author | Editor Cao Anxun | Zhou Zhiyu, founder of Haidilao Zhang Yong and his wife, won their fourth IPO to push for TEHAI to achieve a dual listing on the NASDAQ. On May 24, EST, TEHAI experienced its second strong rise since listing. The stock price rose 5.59%, and the market value reached 1.27 billion US dollars. Previously, Haidilao, Yihai International, and Tehai International were listed in Hong Kong. As the main operator of Haidilao's overseas business, Tehai International is carrying the expectations of Haidilao to accelerate its overseas expansion and expansion. Of the 57 million US dollars raised by TEHAI this time, about 70% will be used

wallstreetcnMay 27 11:03 ET

After issuing convertible senior notes, will JD be followed by Ali?

JD issues convertible bonds, and Ali will follow suit. Who might be next? On Wednesday, Alibaba's Hong Kong stock fell by more than 5%. According to the news, people familiar with the matter said that Ali is considering issuing convertible bonds and plans to raise about 5 billion US dollars in capital. Earlier, on May 21, JD announced that it plans to issue convertible bonds with a total scale of 1.75 billion US dollars. After three consecutive days of decline, JD Hong Kong stocks fell by more than 4% today. JD said that the issuance of convertible bonds will enable it to use low financing costs (0.25% coupon rate) to speed up the share repurchase process at the current stock price. The conversion price is 45.7%, and the market price premium is about 35%. In response, HSBC said: Mutual

wallstreetcnMay 23 04:27 ET