weekeepeedia
2022-02-18

$MEITUAN-W(03690)$

Bad news. 

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • PaladinSir
    2022-02-18
    PaladinSir

    that means consumers will either have to pay more, or the margins will be squeeze bad such that it is no longer profitable for food delivery, this is interference in market, can alwys dont join 

    • weekeepeedia
      That’s true. The industry will be shaken up and find the new equilibrium
    • PaladinSirReplyweekeepeedia

      consumers probably pay more, this step is probably in anticipation of opening up where there will be more covid cases leading to a boost in delivery. If there is less demand, delivery men will lose 

  • DuckF4rt
    2022-02-18
    DuckF4rt
    I actually thought its a good price to buy now
    • weekeepeedia
      Bad news for those who are vested. Good if you are planning to invest. Will weed out the weak players in the market
Leave a comment