Four Reasons Why It Could Be a LONG Time Before Meituan's Food Delivery Segment Becomes Profitable
In our view, Meituan Dianping (3690 HK)'s Food Delivery segment (62% of Meituan's reported Revenue last year) needs to do two things in order to...
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Meituan-Dianping H118 Results: Revenue Growth Slows | Incentives Cut? | Disclosure Worsens
Our initial impressions of Meituan Dianping (3690 HK) H118 results -- its first earnings report since it listed in Hong Kong last week -- are...
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Meituan-Dianping IPO, Part 4: Proposed Price Range, Jan-Apr Results, & A Lesson From Groupon
On September 4th, HKEX published an updated prospectus for Meituan Dianping (MEITUAN CH) for which we provided a link at the end of this report....
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Meituan Dianping IPO Valuation: Would Investors Buy Into Reasonable P/S Multiple?
Based on IPO price range of HK$60-72/share, Meituan Dianping (MEITUAN CH) is reasonably valued on P/S multiple (but not on EV/EBITDA multiple)...
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Meituan Dianping (美团点评) IPO: Thoughts on Valuation - The Market Structure and the Variables (Part 3)
Meituan Dianping is said to launch its book building on September 3rd next week. We covered the company's fundamentals in our previous two...
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