FAST NEWS: Meituan Director Cuts Shareholding Twice After Latest Results
The latest: Shen Nanpeng, a non-executive director of Meituan (3690.HK) and founder and managing partner of Sequoia Capital China, reduced his stake in Meituan from 4.68% to 3.98%, according to…
As New Businesses Gather Steam, Will Meituan Deliver a Profit Next Year?
Company’s older food delivery and in-store, hotel and travel businesses are faring well, but its cash-burning new businesses dragged it into the red last year Key Takeaways: Meituan’s new businesses…
RELATED ARTICLES
-
Its knuckles rapped, recovering Gaotu springs back to the black
GOTU.US - Its shareholding reform rolled up, Honor is ready for IPO
-
JD.com seeks place at China’s massive takeout dining table
9618.HK JD.US
-
East Buy ends superstar influencer addiction – but at a big price
1797.HK
- Mao Geping’s Hong Kong IPO gets lift from regulatory nod
- An ‘Old Hen’-turned-chic chick flocks to Hong Kong for IPO
