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Meituan ( (HK:3690) ) just unveiled an announcement.
Meituan has reported a significant increase in its financial performance for the first quarter of 2025, with revenues rising by 18.1% to RMB 86.6 billion compared to the same period in 2024. The company’s operating profit more than doubled, reaching RMB 10.6 billion, driven by strong growth in its core local commerce and new initiatives segments, indicating a robust market position and potential for future expansion.
The most recent analyst rating on (HK:3690) stock is a Buy with a HK$130.00 price target. To see the full list of analyst forecasts on Meituan stock, see the HK:3690 Stock Forecast page.
More about Meituan
Meituan is a leading technology-driven platform providing services in the local commerce industry. It primarily offers delivery services, commission-based services, online marketing, and other sales and services, focusing on enhancing consumer convenience and business efficiency in the Chinese market.
YTD Price Performance: -9.76%
Average Trading Volume: 49,579,828
Technical Sentiment Signal: Sell
Current Market Cap: HK$836.4B
See more insights into 3690 stock on TipRanks’ Stock Analysis page.