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04-09
Why is hk stocks falling today
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KPanda
2025-08-27
Is this better than forecasted ?
Meituan’s Profit Crumbles During Food Delivery War With Alibaba
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?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/472072592249672","repostId":"2562158477","repostType":2,"repost":{"id":"2562158477","kind":"live","pubTimestamp":1756297663,"share":"https://ttm.financial/m/news/2562158477?lang=en_US&edition=fundamental","pubTime":"2025-08-27 20:27","market":"nz","language":"en","title":"Meituan’s Profit Crumbles During Food Delivery War With Alibaba","url":"https://stock-news.laohu8.com/highlight/detail?id=2562158477","media":"Bloomberg","summary":"Meituan’s profit got wiped out in a price-based battle with rivals Alibaba Group Holding Ltd. and JD","content":"<div>\n<p>Meituan’s profit got wiped out in a price-based battle with rivals Alibaba Group Holding Ltd. and JD.com Inc., the most striking sign yet that its longstanding dominance in a lucrative home market is ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2025-08-27/meituan-s-revenue-disappoints-after-china-food-wars-escalate\">Source Link</a>\n\n</div>\n","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Meituan’s Profit Crumbles During Food Delivery War With Alibaba</title>\n<style 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}\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMeituan’s Profit Crumbles During Food Delivery War With Alibaba\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-08-27 20:27 GMT+8 <a href=https://www.bloomberg.com/news/articles/2025-08-27/meituan-s-revenue-disappoints-after-china-food-wars-escalate><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Meituan’s profit got wiped out in a price-based battle with rivals Alibaba Group Holding Ltd. and JD.com Inc., the most striking sign yet that its longstanding dominance in a lucrative home market is ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2025-08-27/meituan-s-revenue-disappoints-after-china-food-wars-escalate\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0140636845.USD":"施罗德大中华区股票A Acc","LU2399975544.HKD":"ALLIANZ ALL CHINA EQUITY \"AT\" (HKD) ACC","LU0048580855.USD":"富达大中华区A","LU0106252389.USD":"SCHRODER ISF EMERGING MARKETS \"A\" ACC","LU0823426480.USD":"法巴中国股票经典Dis","LU0541502299.USD":"ALLSPRING EMERGING MARKETS EQUITY \"I\" (USD) ACC","LU0043850808.USD":"HSBC GIF ASIA EX JAPAN EQUITY \"AD\" INC","LU0348827113.USD":"ALLIANZ RCM CHINA \"AT\" ACC","BK1142":"互联网与直销零售","LU1868838027.USD":"CT (LUX) I GLOBAL EMERGING MARKET EQUITIES \"8\" (USD) ACC","LU0261950983.USD":"FIDELITY ASIAN SPECIAL SITUATIONS \"A\" ACC","LU1152091754.HKD":"UBS (LUX) EQUITY FUND - CHINA OPPORTUNITY (USD) \"PM\" (HKD) INC","LU2226246903.HKD":"ALLIANZ TOTAL RETURN ASIAN EQUITY 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ACC","IE00BF5LJ272.USD":"Legg Mason Martin Currie - Global Emerging Markets A Acc USD","LU0149721374.USD":"HSBC GIF HONG KONG EQUITY \"AD\" INC","LU1719994722.HKD":"NINETY ONE GSF ALL CHINA EQUITY \"A\" (HKD) ACC","LU2476274308.USD":"ALLIANZ CHINA FUTURE TECHNOLOGIES \"AT\" (USD) ACC","LU0588545490.SGD":"Eastspring Investments - Asian Equity Income AS SGD","LU0128522157.USD":"TEMPLETON ASIAN GROWTH \"A\" ACC","LU2097828631.EUR":"AZ EQUITY CHINA \"A\" (EUR) ACC","LU0164865239.USD":"HSBC GIF CHINESE EQUITY \"AC\" (USD) ACC","LU1102505929.USD":"FIDELITY SUSTAINABLE EMERGING MARKETS EQUITY \"A\" (USD) ACC","LU2039709279.SGD":"MANULIFE GF DRAGON GROWTH \"AA\" (SGDHDG) INC","LU0011963245.USD":"abrdn SICAV I ASIA PACIFIC SUSTAINAB LE EQUITY \"A\" (USD) ACC","LU2125910500.SGD":"Natixis WCM Global Emerging Markets Equity H-R/A SGD","LU0132412106.USD":"abrdn SICAV I - EMERGING MARKETS EQUITY \"A\" (USD) ACC","LU0821914370.USD":"贝莱德亚洲成长领袖A2","LU1152091168.USD":"UBS (LUX) EQUITY FUND - CHINA OPPORTUNITY (USD) \"PM\" INC","LU0359201885.HKD":"BGF CHINA \"A2\" (HKD) ACC","MPNGY":"美团ADR","LU0345776255.USD":"NINETY ONE GSF ASIAN EQUITY \"A\" (USD) INC","LU1807302812.USD":"UBS (LUX) EQUITY SICAV ALL CHINA \"P\" (USD) ACC","LU1734074674.USD":"NINETY ONE GSF ASIA PACIFIC FRANCHISE \"A\"(USD) ACC"},"source_url":"https://www.bloomberg.com/news/articles/2025-08-27/meituan-s-revenue-disappoints-after-china-food-wars-escalate","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2562158477","content_text":"Meituan’s profit got wiped out in a price-based battle with rivals Alibaba Group Holding Ltd. and JD.com Inc., the most striking sign yet that its longstanding dominance in a lucrative home market is under threat.Meituan ADRs slumped 9% in premarket.Net income plummeted 97% to 365.3 million yuan ($51 million) for the June quarter, despite a 12% rise in revenue. The company blamed “irrational competition” that surfaced during those three months, echoing the concerns of investors who wiped out about a quarter of Meituan’s market value in 2025.The plunge illustrates how China’s leading food delivery platform is facing its greatest challenge in years from two rivals that — till recently — had largely ceded the domestic meal arena. In 2025, that changed when JD.com, pursuing growth during a Chinese consumption downturn, and Alibaba’s Ele.me began offering generous subsidies to cash-strapped diners.Their offensive has since eroded profitability across the sector and forced Meituan to defend its core business on multiple fronts. This month, JD.com reported a halving in net income for the quarter. Alibaba has posted muted growth and is set to report earnings on Friday.In past months, the trio has invested billions of dollars on incentives and hiring delivery riders. This strategy backfired with investors, who sold off shares in Meituan and JD.com, erasing roughly $100 billion of their combined market value at one point. Following a warning from industry regulators, the three corporations in August pledged to cease their “disorderly competition” and avoid a self-destructive price war.Faced with margin pressure at home, Meituan is looking overseas. Its own aggressive pricing strategy forced Deliveroo Plc to retreat from Hong Kong after a decade of operating in the city.Its food delivery app Keeta has rolled out service to Saudi Arabia’s major cities since entering the market in 2024. It’s also planning to spend $1 billion over five years to bring its food delivery service to Brazil. And Meituan is now eying markets including Qatar and Kuwait over the next three years, according to local media.But that expansion is also taxing its coffers. Meituan reported a 27% rise in cost of revenues during the quarter, which it partly blamed on that overseas exploration.","news_type":1,"symbols_score_info":{"MPNGY":1.1,"03690":0.9}},"isVote":1,"tweetType":1,"viewCount":364,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":551780182286968,"gmtCreate":1775722853669,"gmtModify":1775726255693,"author":{"id":"4091504096282550","authorId":"4091504096282550","name":"KPanda","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4091504096282550","idStr":"4091504096282550"},"themes":[],"title":"","htmlText":"Why is hk stocks falling today ","listText":"Why is hk stocks falling today ","text":"Why is hk stocks falling today","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/551780182286968","repostId":"1120832774","repostType":4,"repost":{"id":"1120832774","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1775613513,"share":"https://ttm.financial/m/news/1120832774?lang=en_US&edition=fundamental","pubTime":"2026-04-08 09:58","market":"hk","language":"en","title":"HK Movers | Gold Stocks Rally as Gold Tops $4,800 After Trump Agrees to a Two-Week Ceasefire in Iran","url":"https://stock-news.laohu8.com/highlight/detail?id=1120832774","media":"Tiger Newspress","summary":"Gold stocks rallied in Hong Kong. $Lingbao Gold(03330)$ rose 10%; $Tongguan Gold(00340)$ rose 9%; $China Gold International Resources(02099)$ rose 8%; $SD Gold(01787)$, $Zijin Mining(02899)$, and...","content":"<html><head></head><body><p>Gold stocks rallied in Hong Kong. <a href=\"https://laohu8.com/S/03330\">Lingbao Gold</a> rose 10%; <a href=\"https://laohu8.com/S/00340\">Tongguan Gold</a> rose 9%; <a href=\"https://laohu8.com/S/02099\">China Gold International Resources</a> rose 8%; <a href=\"https://laohu8.com/S/01787\">SD Gold</a>, <a href=\"https://laohu8.com/S/02899\">Zijin Mining</a>, and <a href=\"https://laohu8.com/S/02259\">Zijin Gold International</a> rose 7%; <a href=\"https://laohu8.com/S/06693\">Chifeng Gold</a> rose 6%; <a href=\"https://laohu8.com/S/06181\">Laopu Gold</a> rose 5%; <a href=\"https://laohu8.com/S/01818\">Zhaojin Mining</a> rose 4%. </p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/b8e6def75e92d136c9c0031390148c13\" tg-width=\"454\" tg-height=\"398\"/></p><p>Gold advanced after US President Donald Trump and Iran agreed to a two-week ceasefire to finalize talks on ending the war that’s upended global markets.</p><p style=\"text-align: start;\">Bullion climbed as much as 3.1% to above $4,850 an ounce, extending a 1.2% gain in the previous session. Trump said in a social-media post that he had agreed to suspend bombing less than two hours before a self-imposed deadline to wipe out Iran’s “whole civilization,” adding that the reopening of the Strait of Hormuz was a key condition for the pause. Iran said safe passage through the strait was “possible” for two weeks.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>HK Movers | Gold Stocks Rally as Gold Tops $4,800 After Trump Agrees to a Two-Week Ceasefire in Iran</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHK Movers | Gold Stocks Rally as Gold Tops $4,800 After Trump Agrees to a Two-Week Ceasefire in Iran\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2026-04-08 09:58</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Gold stocks rallied in Hong Kong. <a href=\"https://laohu8.com/S/03330\">Lingbao Gold</a> rose 10%; <a href=\"https://laohu8.com/S/00340\">Tongguan Gold</a> rose 9%; <a href=\"https://laohu8.com/S/02099\">China Gold International Resources</a> rose 8%; <a href=\"https://laohu8.com/S/01787\">SD Gold</a>, <a href=\"https://laohu8.com/S/02899\">Zijin Mining</a>, and <a href=\"https://laohu8.com/S/02259\">Zijin Gold International</a> rose 7%; <a href=\"https://laohu8.com/S/06693\">Chifeng Gold</a> rose 6%; <a href=\"https://laohu8.com/S/06181\">Laopu Gold</a> rose 5%; <a href=\"https://laohu8.com/S/01818\">Zhaojin Mining</a> rose 4%. </p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/b8e6def75e92d136c9c0031390148c13\" tg-width=\"454\" tg-height=\"398\"/></p><p>Gold advanced after US President Donald Trump and Iran agreed to a two-week ceasefire to finalize talks on ending the war that’s upended global markets.</p><p style=\"text-align: start;\">Bullion climbed as much as 3.1% to above $4,850 an ounce, extending a 1.2% gain in the previous session. Trump said in a social-media post that he had agreed to suspend bombing less than two hours before a self-imposed deadline to wipe out Iran’s “whole civilization,” adding that the reopening of the Strait of Hormuz was a key condition for the pause. Iran said safe passage through the strait was “possible” for two weeks.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"02099":"中国黄金国际","03330":"灵宝黄金","01818":"招金矿业","02259":"紫金黄金国际","06693":"赤峰黄金","00340":"潼关黄金","02899":"紫金矿业","06181":"老铺黄金","01787":"山东黄金"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1120832774","content_text":"Gold stocks rallied in Hong Kong. Lingbao Gold rose 10%; Tongguan Gold rose 9%; China Gold International Resources rose 8%; SD Gold, Zijin Mining, and Zijin Gold International rose 7%; Chifeng Gold rose 6%; Laopu Gold rose 5%; Zhaojin Mining rose 4%. Gold advanced after US President Donald Trump and Iran agreed to a two-week ceasefire to finalize talks on ending the war that’s upended global markets.Bullion climbed as much as 3.1% to above $4,850 an ounce, extending a 1.2% gain in the previous session. Trump said in a social-media post that he had agreed to suspend bombing less than two hours before a self-imposed deadline to wipe out Iran’s “whole civilization,” adding that the reopening of the Strait of Hormuz was a key condition for the pause. Iran said safe passage through the strait was “possible” for two weeks.","news_type":1,"symbols_score_info":{"01787":2,"06693":2,"02099":2,"02259":2,"02899":2,"00340":2,"06181":2,"01818":2,"03330":2}},"isVote":1,"tweetType":1,"viewCount":599,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":472072592249672,"gmtCreate":1756283649749,"gmtModify":1756286320889,"author":{"id":"4091504096282550","authorId":"4091504096282550","name":"KPanda","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4091504096282550","idStr":"4091504096282550"},"themes":[],"title":"","htmlText":"Is this better than forecasted ?","listText":"Is this better than forecasted ?","text":"Is this better than forecasted ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/472072592249672","repostId":"2562158477","repostType":2,"repost":{"id":"2562158477","kind":"live","pubTimestamp":1756297663,"share":"https://ttm.financial/m/news/2562158477?lang=en_US&edition=fundamental","pubTime":"2025-08-27 20:27","market":"nz","language":"en","title":"Meituan’s Profit Crumbles During Food Delivery War With Alibaba","url":"https://stock-news.laohu8.com/highlight/detail?id=2562158477","media":"Bloomberg","summary":"Meituan’s profit got wiped out in a price-based battle with rivals Alibaba Group Holding Ltd. and JD","content":"<div>\n<p>Meituan’s profit got wiped out in a price-based battle with rivals Alibaba Group Holding Ltd. and JD.com Inc., the most striking sign yet that its longstanding dominance in a lucrative home market is ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2025-08-27/meituan-s-revenue-disappoints-after-china-food-wars-escalate\">Source Link</a>\n\n</div>\n","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Meituan’s Profit Crumbles During Food Delivery War With Alibaba</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMeituan’s Profit Crumbles During Food Delivery War With Alibaba\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-08-27 20:27 GMT+8 <a href=https://www.bloomberg.com/news/articles/2025-08-27/meituan-s-revenue-disappoints-after-china-food-wars-escalate><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Meituan’s profit got wiped out in a price-based battle with rivals Alibaba Group Holding Ltd. and JD.com Inc., the most striking sign yet that its longstanding dominance in a lucrative home market is ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2025-08-27/meituan-s-revenue-disappoints-after-china-food-wars-escalate\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0140636845.USD":"施罗德大中华区股票A Acc","LU2399975544.HKD":"ALLIANZ ALL CHINA EQUITY \"AT\" (HKD) ACC","LU0048580855.USD":"富达大中华区A","LU0106252389.USD":"SCHRODER ISF EMERGING MARKETS \"A\" ACC","LU0823426480.USD":"法巴中国股票经典Dis","LU0541502299.USD":"ALLSPRING EMERGING MARKETS EQUITY \"I\" (USD) ACC","LU0043850808.USD":"HSBC GIF ASIA EX JAPAN EQUITY \"AD\" INC","LU0348827113.USD":"ALLIANZ RCM CHINA \"AT\" ACC","BK1142":"互联网与直销零售","LU1868838027.USD":"CT (LUX) I GLOBAL EMERGING MARKET EQUITIES \"8\" (USD) ACC","LU0261950983.USD":"FIDELITY ASIAN SPECIAL SITUATIONS \"A\" ACC","LU1152091754.HKD":"UBS (LUX) EQUITY FUND - CHINA OPPORTUNITY (USD) \"PM\" (HKD) INC","LU2226246903.HKD":"ALLIANZ TOTAL RETURN ASIAN EQUITY \"AT4\" (HKD) ACC","LU0449515922.USD":"HSBC GIF GLOBAL EMERGING MARKETS EQUITY \"PC\" (USD)ACC","BK1583":"高瓴概念","LU0577902454.USD":"FULLERTON LUX FUNDS - ASIA GROWTH & INCOME EQUITIE \"I\" (USD) ACC","LU1328615791.USD":"FULLERTON LUX FUNDS - ALL CHINA EQUITIES \"I\" (USD) ACC","IE0034224299.USD":"PINEBRIDGE ASIA EX JAPAN EQUITY \"A\" (USD) ACC","LU0456846285.SGD":"JPMorgan Funds - Greater China A (acc) SGD","LU0650527681.SGD":"Fidelity China Consumer A-SGD","LU1008478684.HKD":"UBS (LUX) EQUITY FUND - CHINA OPPORTUNITY \"P\" (HKD) ACC","LU0543330483.HKD":"TEMPLETON ASIAN GROWTH \"A\" (HKD) ACC","LU0054237671.USD":"FIDELITY ASIAN SPECIAL SITUATIONS \"A\" INC","LU0214875030.USD":"HSBC GIF BRIC EQUITY \"M2C\" (USD) ACC","IE00B543WZ88.USD":"NEUBERGER BERMAN CHINA EQUITY \"A\" (USD) ACC","LU1868837722.USD":"CT (LUX) I GLOBAL EMERGING MARKET EQUITIES \"2\" (USD) ACC","03690":"美团-W","LU1226287529.USD":"UBS (LUX) KEY SELECTION SICAV - CHINA ALLOCATION OPPORTUNITY (USD) \"P\" (USD) ACC","IE00BF5LJ272.USD":"Legg Mason Martin Currie - Global Emerging Markets A Acc USD","LU0149721374.USD":"HSBC GIF HONG KONG EQUITY \"AD\" INC","LU1719994722.HKD":"NINETY ONE GSF ALL CHINA EQUITY \"A\" (HKD) ACC","LU2476274308.USD":"ALLIANZ CHINA FUTURE TECHNOLOGIES \"AT\" (USD) ACC","LU0588545490.SGD":"Eastspring Investments - Asian Equity Income AS SGD","LU0128522157.USD":"TEMPLETON ASIAN GROWTH \"A\" ACC","LU2097828631.EUR":"AZ EQUITY CHINA \"A\" (EUR) ACC","LU0164865239.USD":"HSBC GIF CHINESE EQUITY \"AC\" (USD) ACC","LU1102505929.USD":"FIDELITY SUSTAINABLE EMERGING MARKETS EQUITY \"A\" (USD) ACC","LU2039709279.SGD":"MANULIFE GF DRAGON GROWTH \"AA\" (SGDHDG) INC","LU0011963245.USD":"abrdn SICAV I ASIA PACIFIC SUSTAINAB LE EQUITY \"A\" (USD) ACC","LU2125910500.SGD":"Natixis WCM Global Emerging Markets Equity H-R/A SGD","LU0132412106.USD":"abrdn SICAV I - EMERGING MARKETS EQUITY \"A\" (USD) ACC","LU0821914370.USD":"贝莱德亚洲成长领袖A2","LU1152091168.USD":"UBS (LUX) EQUITY FUND - CHINA OPPORTUNITY (USD) \"PM\" INC","LU0359201885.HKD":"BGF CHINA \"A2\" (HKD) ACC","MPNGY":"美团ADR","LU0345776255.USD":"NINETY ONE GSF ASIAN EQUITY \"A\" (USD) INC","LU1807302812.USD":"UBS (LUX) EQUITY SICAV ALL CHINA \"P\" (USD) ACC","LU1734074674.USD":"NINETY ONE GSF ASIA PACIFIC FRANCHISE \"A\"(USD) ACC"},"source_url":"https://www.bloomberg.com/news/articles/2025-08-27/meituan-s-revenue-disappoints-after-china-food-wars-escalate","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2562158477","content_text":"Meituan’s profit got wiped out in a price-based battle with rivals Alibaba Group Holding Ltd. and JD.com Inc., the most striking sign yet that its longstanding dominance in a lucrative home market is under threat.Meituan ADRs slumped 9% in premarket.Net income plummeted 97% to 365.3 million yuan ($51 million) for the June quarter, despite a 12% rise in revenue. The company blamed “irrational competition” that surfaced during those three months, echoing the concerns of investors who wiped out about a quarter of Meituan’s market value in 2025.The plunge illustrates how China’s leading food delivery platform is facing its greatest challenge in years from two rivals that — till recently — had largely ceded the domestic meal arena. In 2025, that changed when JD.com, pursuing growth during a Chinese consumption downturn, and Alibaba’s Ele.me began offering generous subsidies to cash-strapped diners.Their offensive has since eroded profitability across the sector and forced Meituan to defend its core business on multiple fronts. This month, JD.com reported a halving in net income for the quarter. Alibaba has posted muted growth and is set to report earnings on Friday.In past months, the trio has invested billions of dollars on incentives and hiring delivery riders. This strategy backfired with investors, who sold off shares in Meituan and JD.com, erasing roughly $100 billion of their combined market value at one point. Following a warning from industry regulators, the three corporations in August pledged to cease their “disorderly competition” and avoid a self-destructive price war.Faced with margin pressure at home, Meituan is looking overseas. Its own aggressive pricing strategy forced Deliveroo Plc to retreat from Hong Kong after a decade of operating in the city.Its food delivery app Keeta has rolled out service to Saudi Arabia’s major cities since entering the market in 2024. It’s also planning to spend $1 billion over five years to bring its food delivery service to Brazil. And Meituan is now eying markets including Qatar and Kuwait over the next three years, according to local media.But that expansion is also taxing its coffers. Meituan reported a 27% rise in cost of revenues during the quarter, which it partly blamed on that overseas exploration.","news_type":1,"symbols_score_info":{"MPNGY":1.1,"03690":0.9}},"isVote":1,"tweetType":1,"viewCount":364,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}
