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Meituan's Q3 revenue is 93.577 billion yuan, a year-on-year increase of 22.4%.
The adjusted net income for Q3 was 12.829 billion yuan, a year-on-year increase of 124.0%.
Data reveals | What did Northern funds buy in November? They crazily invested nearly 10.6 billion Hong Kong dollars in Alibaba and increased their holdings in Tencent by nearly 8 billion Hong Kong dollars.
In November, Southbound funds "fiercely attacked" Hong Kong stocks, with a cumulative net buy amount of over 120 billion Hong Kong dollars, hitting a new high in nearly three years.
Meituan: Keeta expands to more cities in Saudi Arabia.
Gelonghui November 29th | Meituan's Keeta, launched in Riyadh, the capital of Saudi Arabia last month, has received positive feedback from consumers and merchants. Meituan CEO Wang Xing mentioned that Keeta has been operating in Saudi for about two months, and will temporarily focus on the Saudi market, intending to expand the business to more cities in the country. Wang Xing emphasized that Keeta's business scale is still small, in the early stages of development, and international expansion in the future will not be rushed; however, in the long term, Meituan's goal is to become a global company, and global expansion is clearly the company's long-term strategy. He further stated that Saudi Arabia is not a blank market, as there are already multiple food delivery services operating locally.
Express News | The "worry-free price" is not worry-free, and the battle of instant retail is reignited.
Express News | Meituan Financial Report Meeting: In the third quarter, the average monthly income of high-frequency delivery riders ranges from 5720 yuan to 10865 yuan.
Net inflow of 0.829 billion Hong Kong dollars in Meituan shares through the Stock Connect.
There is a net inflow of funds from Beishui Nanxiang to Meituan (03690.HK), Alibaba (09988.HK), and Tencent (00700.HK), reaching 0.829 billion Hong Kong dollars, 0.42 billion Hong Kong dollars, and 0.36 billion Hong Kong dollars respectively. There is a net outflow of funds from Beishui Nanxiang to Xiaomi Group (01810.HK) and SMIC (00981.HK), reaching 0.252 billion Hong Kong dollars and 12.71 million Hong Kong dollars respectively. The highest net inflow of funds from the Hong Kong Stock Connect (Shanghai) among active stocks is Meituan (03690.HK) with 0.51 billion Hong Kong dollars, while the highest net outflow of funds is from the tracker fund of Hong Kong (02800.HK) with 1.516 billion Hong Kong dollars.