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Meituan (OP: MPNGF )

20.09 -1.38 (-6.41%)
Streaming Delayed Price Updated: 3:53 PM EST, Nov 22, 2024 Add to My Watchlist
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Tencent To Allocate $19.8B Meituan Stake As Special Dividend After Posting Consecutive Revenue Decline
Via Benzinga
Tencent Reports Revenue Decline In Q3 Backed By Domestic Slowdown, Regulatory Crackdown
Tencent Holding Ltd (OTC: TCEHY) reported a revenue drop for the second straight quarter as China's economic slowdown and regulatory crackdown hit its ad and gaming businesses. 
Via Benzinga
Alibaba And Its Peers Resort To Freelancers To Contain Costs, Apart From Job Cuts
Via Benzinga
Mark Mobius Says China May Ease COVID-Zero Policy By Year-End — But Has This Worry For Private Sector
Emerging markets expert and founder of Mobius Capital Partners, Mark Mobius, has said that China is likely to ease its Covid Zero policy by the end of 2022 as its economy is struggling and the... 
Via Benzinga
Benzinga Before The Bell: SpaceX Fires Staff Critical Of Musk, Snapchat Tests Subscriptions And Other Top Financial Stories Friday, June 17
Reuters London’s Gatwick Airport To Fly Lesser Number Of Flights During Summer Season 
Via Benzinga
Alibaba Could Suffer Fallout As Top Rival Plans Foray In Food Delivery Service
Beijing-headquartered e-commerce giant JD.com Inc (NASDAQ: JD) is mulling a possible foray into the food delivery business, posing an intense competition for its Chinese peers Meituan (OTC: MPNGF) and... 
Via Benzinga
What's Dragging Alibaba, Meituan And Other Tech Peers In Hong Kong Today?
Shares of U.S.-listed Chinese tech giants Alibaba Group Holding Ltd (NYSE: BABA), Baidu Inc (NASDAQ: BIDU), JD.Com (NASDAQ: JD), 
Via Benzinga
China Cracks Down Upon Tencent, Other Tech Giants Over Algo Abuse; Questions Alibaba, Others To Address Job Cuts
Via Benzinga
Kevin O'Leary Called The Bottom In Chinese Stocks: Now What?
Kevin O'Leary, chairman of O'Shares ETFs, took some heat for buying Chinese stocks earlier this week when seemingly everyone disagreed with his... 
Via Benzinga
'That's A Buy Signal': Why Kevin O'Leary Just Bought Alibaba, Tencent And Meituan Stock
Chinese stocks are trading significantly lower Monday amid a COVID-19 outbreak in China's manufacturing hub, developments between China and Russia in relation to war and regulatory scrutiny of Tencent... 
Via Benzinga
China’s Uber, DiDi Has a Strong Future Ahead
DiDi holds a dominant position in the growing Chinese ride-hailing market making DIDI stock an interesting bet for a risk-tolerant investor. 
Via InvestorPlace
Alibaba's Fintech Affiliate Shuts Mutual Aid Platform
Alibaba Group Holding Ltd (NYSE: BABA) backed fintech, Ant Group Co, looks to shut down its "mutual aid" healthcare platform Xianghubao, Bloomberg reports.... 
Via Benzinga
DiDi Is Surrounded by Too Much Uncertainty
Chinese ride hailing company DiDi continues to operate under a cloud of uncertainty as regulators loom. Avoid DIDI stock for now. 
Via InvestorPlace
Why Are Alibaba Shares Trading Lower Today?
China market watchdog State Administration for Market Regulation (SAMR) expects more from "super-large platforms" like Alibaba Group Holding Ltd (NYSE: BABA... 
Via Benzinga
This Chinese Tech Giant Just Got a Big-Time Fine, So Why Is Its Stock Skyrocketing?
Meituan was dinged for anticompetitive behavior, but the stock is bouncing higher. 
Via The Motley Fool
More Trouble Brews For Alibaba, Tencent As China Ramps Up Anti-Monopoly Bureau
China's competition watchdog, the State Administration for Market Regulation, will ramp up staffing at its anti-monopoly bureau, Bloomberg reports. The bureau will split... 
Via Benzinga
China To Get Stricter With Minor's Gaming Time
Chinese state media said loopholes allowing minors to bypass new rules aimed at curbing gaming playtime to three hours per week should be removed to "prevent addiction,... 
Via Benzinga
Alibaba Skyrockets 8% In Hong Kong As Meituan Regulatory Fine Fuels Market-Wide Optmisim
Shares of Meituan (OTC: MPNGF), Alibaba Group Holding Limited (NYSE: BABA), JD.Com Inc. (NASDAQ: JD), Baidu Inc (NASDAQ: BIDU), Tencent Holdings (NASDAQ: TCEHY), and BYD Co (... 
Via Benzinga
Meituan Shares Gain On Reaching Antitrust Settlement
Chinese food-delivery firm Meituan (OTC: MPNGF) paid a penalty of over $533 million for engaging in anticompetitive practices, the Wall Street Journal reports. The... 
Via Benzinga
Why Are DiDi Shares Trading Lower Thursday?
DiDi Global Inc (NYSE: DIDI) lost 30% of its daily users since its June U.S. initial public offering following China's tech crackdown, Financial Times... 
Via Benzinga
Baidu Launches Apollo Go Trial In Shanghai
Baidu Inc (NASDAQ: BIDU) will start trials for the Apollo Go service in Shanghai, marking the fifth city where passengers can test the robotaxi mobile platform.... 
Via Benzinga
Ranked: The World’s Fastest Growing Brands in 2021
Tesla takes the top spot, with an impressive 275% boost in brand value compared to the year prior. 
Via Talk Markets
Kingsoft Cloud Stock Gains After 42% Q2 Revenue Growth; Issues Robust Q3 Outlook
Chinese cloud service provider Kingsoft Cloud Holdings Ltd (NASDAQ: KC) reported second-quarter FY21 revenue growth of 41.6% year-on-year to $336.7 million (... 
Via Benzinga
3 Reasons to Sell Your Chinese Stocks, and 3 Reasons to Hold Them
Is it time to get greedy as other investors remain fearful? 
Via The Motley Fool
Grocery App Dingdong Maicai: Sky-High GMV, High Costs Amid Increasing Industry Competition
This popular, on-demand e-commerce platform has built its competitive strength in just three years. Dingdong Maicai has maintained high growth over recent years, achieving the largest GMV and user base... 
Via Talk Markets
China Ramps Antitrust Scrutiny On National Internet Firms: WSJ
Chinese government agents, including the antitrust watchdog, the cyber police, and tax authorities paid surprise visits to multiple domestic internet companies, including Didi... 
Via Benzinga
Meituan In Q1 2021: Continuing Growth, Strategic Flexibility, Low Regulatory Risk
The food delivery giant Meituan recently released its earnings report for the first quarter of 2021, including details on various user acquisition tactics and plans for future development. 
Via Talk Markets
TikTok Parent ByteDance Founder Zhang Yiming Steps Down as CEO, Co-founder Liang to Succeed
TikTok parent ByteDance Ltd founder Zhang Yiming will step down as the CEO to focus on long-term strategy amid China’s heightened crackdown on the tech sector, the ... 
Via Benzinga
Cathie Wood Loads Up Another $28M Worth Of Shares In Alibaba Rival JD.Com
Cathie Wood-led Ark Investment Management on Friday bought 366,879 shares, worth about $27.7 million, in JD.com Inc (NASDAQ: JD), a key rival to Alibaba Group Holding (NYSE: BABA... 
Via Benzinga
London Cancel
Brazilian Cosan is up 0.43% despite desperate Covid-19 outbreaks along the Amazon. 
Via Talk Markets
Exposures COVID-19
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