After the mid -term report of the Chinese takeaway platform, Meituan, the US Tuan, released the largest decline in the nearly three months.
Meituan released the second quarter financial report after the stock market closed on Thursday (August 24).The performance shows that the second quarter of Meituan's revenue was 67.965 billion yuan (RMB 12.658 billion, the same below), an increase of 33.4%year -on -year, higher than the market expectations of 66.6 billion yuan; net profit was 4.689 billion yuan.100 million yuan.
Although the company announced the fastest revenue growth rate since 2021, after the opening on Friday, Meituan's stock price at the Hong Kong Exchange once fell 7.4%.
Bloomberg reported that Meituan's stock price and Meituan executives predict that the growth of its core food delivery business will slow down this quarter, reflecting the weak economic growth in China, and it has begun to hurt the country's Internet header enterpriseEssence
It is reported that Meituan is regarded as a barometer of China's economic recovery in the era of the era of crown disease.It turns out that China's economic recovery is far from expected.
Report also pointed out that the Meituan made profit in the first half of the year because consumers who are working hard to deal with the downturn in the real estate market no longer buy high -priced products, but spend money on tourism, movies and catering.This supports Meituan's catering and tourism services, which also invested a lot of funds in marketing to meet the needs of the epidemic.
According to the First Financial, Meituan CEO Wang Xing said on Thursday, "Thanks to the arrival of the traditional consumption season, the company's various businesses will achieve healthy growth in this quarter.It will slow down, but it is expected to achieve a big increase in the store and wine travel business.