Meituan (3690 HK): 1Q23, Real Operating Profit Turned Positive After Nine Quarters
In 1Q23, Meituan (MT)’s revenues still strongly grew by 27% YoY with all business lines up by more than 10% YoY. The real operating profits turned...
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JD Industrials Pre-IPO - Peer Comparison - Some Interesting Nuggets from Peer Filings
JD Industrials is looking to raise about US$1bn in its upcoming HK IPO. In this note we talk about some additional useful information that we...
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Meituan’s Recent Expansion in Hong Kong: A Review
On May 22nd, Meituan launched its food delivery platform called KeeTa in Hong Kong SAR. KeeTa's expansion stratgies include lower ASP, subsidy...
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JD Industrials Pre-IPO - Peer Comparison
JD Industrials (JDI) is looking to raise about US$1bn in its upcoming HK IPO. In this note, we undertake a peer comparison.
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