Tencent Holdings Ltd. denied a report by Dow Jones that the Chinese technology giant was considering selling down investments in companies from Meituan to KE Holdings Inc. Stephen Engle reports o
China urged platform companies to protect the rights of gig workers, according to a joint statement issued the human resources ministry and other ministries on Tuesday, after a meeting between regulat
Shares in Chinese food delivery firm Meituan 3690, -5.85% slipped almost 7% on Thursday after the Financial Times reported that partial owner Tencent could sell some of its $24 billion stake in the co
Alibaba posted flat growth for the first time ever in the second quarter. Tencent recorded its first revenue decline.
Chinese food delivery company Meituan posted a better-than-expected 16.4% rise in quarterly revenue on Friday, as its business fared better than expected in a period that saw a resurgence of COVID-19
Anik Sen of PineBridge Investments says there are strong Chinese tech companies rapidly climbing the "food chain" and replacing U.S. and European firms that have enjoyed dominant market shares in Chin
China's Tencent Holdings wants to sell most — if not all — of its stake in the food delivery platform Meituan as the government cracks down on the country's Big Tech companies. That's according to
A potential sale likely would appease Chinese authorities who have taken a tough regulatory stance on the technology sector, issuing heavy fines.
Tencent, which owns 17% of Meituan, is planning to placate domestic regulators and cash in on its eight-year-old investment, Reuters reported.
Shares of Hong Kong-listed food delivery service Meituan 3690, -8.73% fell as much as 10% after Reuters reported that shareholder Tencent Holdings 700, -0.73% TCEHY, -0.33% was planning to sell all or
China's Tencent Holdings plans to sell all or a bulk of its $24 billion stake in food delivery firm Meituan to placate domestic regulators and monetise an eight-year-old investment, four sources with
Alibaba is one of the cheapest, if not the cheapest, large cap tech companies in the world. The problem a lot of investors have with investing in the company is not the valuation, but the numerous reg
Brendan Ahern, CIO at KraneShares, discusses whether signs China's regulatory crackdown on tech giants is easing opens up the door for investors to jump back into the sector.
Meituan (OTCPK:MPNGF) Q1 2022 Earnings Conference Call June 2, 2022 7:00 AM ET Company Participants Scarlett Xu - Vice President and Head of Capital Markets Xing Wang - Chairman and Chief Executive Of

Meituan 1Q revenue CNY46.3B vs. CNY37.0B

06:07am, Thursday, 02'nd Jun 2022
Meituan said its first-quarter net loss widened despite higher revenue, as continued investment in new businesses weighed on its bottom line.
Click to get the best stock tips daily for free!

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE