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Posts Another Quarterly Loss, Though Food Delivery Wars Are Beginning to Abate","url":"https://stock-news.laohu8.com/highlight/detail?id=1170715309","media":"Reuters","labels":["express"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1170715309?lang=en_us&edition=fundamental","pubTime":"2026-06-01 16:33","pubTimestamp":1780302829,"startTime":"0","endTime":"0","summary":"SHANGHAI, June 1 (Reuters) - Chinese food delivery leader Meituan on Monday posted a third consecutive quarterly loss and met revenue growth estimates as a year of bruising, subsidy-fuelled...","market":"hk","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":"be99856898cd4b5291f23b0b3bac1393","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":true,"source_rank":0,"column":"","sentiment":"0","news_top_title":"Meituan Posts Another Quarterly Loss, Though Food Delivery Wars Are Beginning to Abate","news_tag":"express","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["03690","MPNGY"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2640934291","title":"Meituan Q1 FY26 turns to net loss of RMB 6.83 billion; revenue rises 5.6% to RMB 91.04 billion","url":"https://stock-news.laohu8.com/highlight/detail?id=2640934291","media":"Reuters","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2640934291?lang=en_us&edition=fundamental","pubTime":"2026-06-01 16:31","pubTimestamp":1780302712,"startTime":"0","endTime":"0","summary":"Meituan posted Q1 revenue of RMB 91.04 billion, up 5.6% year over year, while turning to a net loss of RMB 6.83 billion.Operating results swung to a loss of RMB 6.47 billion, versus an operating profit a year earlier.Core Local Commerce revenue was RMB 64.06 billion, up 0.1%, with an operating loss of RMB 2.03 billion as competition weighed on profitability.New Initiatives revenue climbed 21.3% to RMB 26.98 billion, while its operating loss narrowed to RMB 2.12 billion.Cash and cash equivalents totaled RMB 117.03 billion, with short-term treasury investments of RMB 63.34 billion.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Meituan published the original content used to generate this news brief via IIS, the regulatory disclosure 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Here's what you need to know:. NET PROFIT FORECAST: The Chinese food-delivery company is expected to swing to a net loss of 8.51 billion yuan, equivalent to $1.26 billion, according to the consensus estimate of analysts polled by FactSet. Meituan, which reported a 10.06 billion yuan profit in the year-earlier period, has reported losses for two straight quarters.The company's Hong Kong-listed shares fell about 20% in the first three months of the year, weighed by investors' concerns about its earnings outlook. The stock was down 26% in the year to Friday, compared with the Hang Seng Tech Index's 11% decline.--COMPETITION: Morningstar's Chelsey Tam expects rival Alibaba Group to prioritize investments in artificial intelligence over quick commerce, as it is unlikely to be able to maintain high investments in both segments in the medium term, she said in a research note. This could benefit Meituan's quick-commerce 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This morning, by the ancient canal on Nanchang Street in Wuxi, a drone carrying Wangxingji's 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One year later, what legacy has this conflict left behind? 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June-Quarter Guidance Could Be Near-Term Catalyst for Stock -- Market Talk","url":"https://stock-news.laohu8.com/highlight/detail?id=2638663650","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2638663650?lang=en_us&edition=fundamental","pubTime":"2026-05-28 15:52","pubTimestamp":1779954720,"startTime":"0","endTime":"0","summary":"0752 GMT - Meituan's food-delivery unit-economics guidance for the June quarter could be a potential near-term catalyst for the stock, say Nomura analysts in a note. The Chinese food-delivery platform's underperformance relative to the Hang Seng Tech Index seems to be flow- and sentiment-driven rather than due to Meituan's fundamentals, they say. Rival Alibaba's loss reduction efforts for its quick commerce business this year could also ease competitive intensity for the sector, they add. The Meituan stock's recent weakness could therefore create a tactical opportunity trading ahead of its 1Q print, which is due June 1. Nomura maintains a neutral rating on Meituan. Shares fall 5.7% to HK$73.30. 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