MEITUAN Volanews

CHINA GIANT MEITUAN

Chinese Meituan to Raise USD 2 Billion in Debt, Partly for “Refinancing” The five-year bonds carry a yearly interest rate of 2.125% while the ten-year notes pay 3.05%, indicating the company’s capabilities to borrow at lower costs outside the Chinese mainland, where the 5-year benchmark lending rate is set at about 4.75%.

by KrAsia

2020-10-23

CHINA GIANT MEITUAN

Chinese Meituan Rolls Out Livestreaming Tools for Educational Businesses The tools allow schools to target users of the Meituan apps, located up to 5 kilometers away. Meituan’s Dazhong Dianping app hosts a total of 1.21 million training agencies with 3.35 million reviews.

by KrAsia

2020-10-15

CHINA CUSTOMER SERVICE DELIVERY

MeiTuan released a survey report on the take-out industry: it is estimated that the turnover of the take-out industry will reach 603.5 billion yuan in 2019 It is estimated that the annual turnover of the take-out industry will reach 603.5 billion yuan in 2019, a year-on-year growth of 30.8%.

by Carol

2019-12-18

CHINA Lehe Food STARTUP

China’s Food Supply Chain Company Lehe Food Raised Hundreds of Millions of Yuan in a Series B+ Round Funding Led by Longzhu Capital of Meituan Established in 2006, Lehe Food is committed to building a comprehensive commercial chain of the food industry to provide customers with safe, cheap food whose quality is guaranteed.

by Carol

2019-10-22

GIANTS EAST ASIA CHINA

Meituan Testing the Waters for Drones and Robots in Food Delivery Services Meituan’s chief scientist and managing director of its automated delivery business, Mr. Xia Huaxia, disclosed on the World Artificial Intelligence Conference 2019 that human-machine collaboration would become the new normal in the food delivery industry.

by Hayden

2019-08-30

STARTUP INVESTMENT EAST ASIA

EV Developer Lixiang Automotive Raised $530 Million in a Series C Round Funding Led by the Founder of Meituan Wangxing EV developer Lixiang Automotive raised $530 million in a series C round funding led by the Meituan’s founder Wangxing and followed by its previous stakeholders including Bluerun Venture Capital.

by Zach

2019-08-20

CHINA GIANTS REPORT

Meituan books 70% y-o-y revenue growth in Q1 2019 Despite the drag of its Mobike business, Chinese food delivery giant Meituan has a good quarter with a 70.1% year-on-year revenue growth in the first quarter of 2019, its latest corporate filing shows.

by Kr-Asia

2019-05-24

CHINA GIANTS INVESTMENT

VC firm behind ByteDance and Meituan raises new funds Source Code Capital, the venture capital firm behind several Chinese tech unicorns, has announced the completion of a new fundraising round that yielded USD 570 million. Source Code Capital, the venture capital firm behind several Chinese tech unicorns, has announced the completion of a new fundraising round that yielded USD 570 million.

by Carol

2019-04-09

MEITUAN REVENUE FINANCIAL REPORT

Meituan Q4: wider loss in second earnings release since IPO China’s Meituan Dianping said its fourth-quarter operating loss more than doubled as the company wrestles to balance growth with profitability.

by Hayden

2019-03-13

MEITUAN MOBIKE BIKE-SHARING

Meituan confirms Mobike’s retreat from most overseas markets It is reported on last Friday that Mobike has scrapped operations across the Asia Pacific region as a key step toward a long-term plan to scale back its international business.

by Francis

2019-03-13

LIFESTYLE COOPERATION OVERSEA EXPANSION

Meituan-Dianping lays groundwork for Southeast Asia entrance via Chope Singaporean restaurant platform Chope announced today a regional partnership with the Chinese lifestyle service company Meituan-Dianping to focus on Chinese tourists in the region.

by Ding

2019-02-28

MEITUAN MARKET SHARES HKEX

Meituan will lift a ban for nearly 2.7bn class B shares on March Meituan will lift a ban for nearly 2.7bn class B shares on March.

by Alexandra

2019-01-28

LIFESTYLE CHINA MEITUAN

Analysys: Number of Active Users of Ele. Me App Reached 65 Million in September According to the Q3 China Internet Food Delivery Market Report released recently by Analysys, the number of active users of ele. me APP had reached 65.45 million in September.

by Blake

2018-11-30

LIFESTYLE TECH GIANT O2O

Meituan’s 2018 Daily Orders Exceed 20 Million, Market Share Increased to 59.1% Meituan’s food delivery department general manager Wei Wei said in an interview that Meituan’s market share increased from 31.7% in 2015 to 59.1% as of March 31, 2018.

by Carol

2018-11-16

TECH GIANT MEITUAN STOCK PRICE

Goldman Sachs Gives Buy Rating on Meituan with A Target Price of HK$83 Goldman has a buy rating on Meituan, with a target price of HK$83.

by Carol

2018-10-24

TECH GIANT CHINA MEITUAN

Meituan Fell 6.49% to Its Lowest Level since Its Debut Meituan Review shares continued to fall today, decreasing by 6.49 percent at HK$55.45.

by Carol

2018-10-16

TECH GIANT INVESTMENT MEITUAN

Goldman Sachs Buys Shares in Meituan Review Goldman Sachs bought about 72 million shares worth more than HK$4.2 billion ($540 million) in Meituan Review.

by Carol

2018-10-15

TECH GIANT IPO MEITUAN

Meituan Review’s Stable Price Period Ended with Overallotment Shares Being Invalid Meituan Review announced yesterday that the stable price period for the global offering has ended on October 12.

by Carol

2018-10-15

TECH GIANT IPO MEITUAN

Margin Reserved by Hong Kong Brokerages for the Meituan IPO Has Been Unattended It is reported that the margin reserved by Hong Kong brokerages for the Meituan IPO has been unattended and has not been booked. Related sources said the recent poor market conditions and Meituan's continued losses over the past few years had affected retail investors' desire to enter the market.

by volaeditor

2018-10-12

LIFESTYLE TECH GIANT IPO

Tencent Plans to Invest $400 Million in the Hong Kong IPO of Meituan Company It is said that Tencent plans to buy about $400 million in shares as a cornerstone investor in Meituan’s Hong Kong IPO and terms of the investment are expected to be finalized soon.

by volaeditor

2018-10-08