New businsess

Meituan entered a new cash-burning phase with the launch of its community group-buying and grocery businesses in 2020.

FAST NEWS: Meituan repurchases 83.85 million shares

The Latest: Meituan (3690.HK) announced Wednesday that it repurchased 4.21 million shares on July 17 at prices ranging from HK$116.20 to HK$120, with a total value of HK$500 million ($64…
3690.HK

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