In the second quarter of this year, Meituan achieved revenue of 82.3 billion yuan, a year-on-year increase of 21.0%; net profit was 11.352 billion yuan, a year-on-year increase of 142.1%.

Meituan mentioned in the announcement that after the annual shareholders meeting, due to other work arrangements, Shen Nanpeng resigned as a non-executive director.

Meituan performed brightly in the first quarter of 2024, benefiting from solid growth in all its businesses as the economy continued to rebound and consumption recovered.

Wang Xing said he "welcomes Wang to continue to fight side by side with us" and wished Wang Huiwen an early and complete recovery.

Meituan CEO Wang Xing announced a business adjustment within the company. Among them, the most eye-catching one is that Meituan assigned the in store business group previously managed by Zhang Chuan to Wang Puzhong.

According to the latest data from Measurable AI, by December last year, the software "KeeTa" launched by Meituan in Hong Kong, China, had occupied about 37% of the local food delivery market, currently second only to Delivery Hero's Foodpanda (42%).。

By the end of the third quarter, the total number of orders for instant delivery reached 6.2 billion, up 23% year-on-year; food and beverage takeaways maintained a strong growth momentum, with a peak of 78 million orders per day, a record high and double that of three years ago.。

Meituan has held talks with Delivery Hero about acquiring the Southeast Asian business of its brand Foodpanda, according to people familiar with the matter.。

Recently, Meituan launched a "group buy buy" small program on WeChat, and began to compete head-on with the "fast group" under Pinduoduo.。

According to HKEx, on August 31, Red Shirt China Managing Partner Shen Nanpeng reduced his holdings of about 26.35 million shares of Meituan at an average price of about HK $129 per share, for a total of about HK $3.4 billion.。After the reduction, Shen Nanpeng's shareholding ratio increased from 2.32% down to 1.86%。

Overall, the financial results announced by the US group are quite bright.。Thanks to the strong recovery in consumption, both online and offline orders of Meituan ushered in an explosion in the second quarter, relying on the excellent performance of retail sales of goods and services to help Meituan turn around in the second quarter of this year.。

On the evening of June 25, Meituan announced that Wang Huiwen had resigned as a non-executive director of the company, a member of the nomination committee of the board of directors and an authorized representative of the company for personal health reasons, effective June 26.。

On May 25, Meituan released its first quarter 2023 earnings report。Meituan's revenue in the first quarter was 586.1.7 billion yuan, up 26.7%; adjusted net profit of 54.9.1 billion yuan, a loss of 35% in the same period last year..8.6 billion yuan。In addition, Meituan launched takeaway platform KeeTa in the Hong Kong SAR on May 22。

On May 22, it is reported that the US group has formed a team to develop a large model, which has been secretly developed for more than two months.。HKUST Xunfei also released the "Xunfei Spark Cognition Model" on May 6.。According to media statistics, more than 40 companies and institutions in China, including Baidu and Tencent, have released large model products or announced large model plans.。

May 5, Meituan-W closed up 2.73%, at 135.HK $6, turnover of 19.03 million shares, turnover of 25.HK $7.7 billion, of which net inflow of main funds 2.HK $02 billion。Southbound funds have bought Meituan net for 14 consecutive trading days since April 13, totaling about 21.HK $6.2 billion。

On March 24, Meituan released its 2022 annual results announcement.。According to earnings data, Meituan's 2022 revenue is 2,199.500 million yuan, up 22.8%。