Meituan will report 3Q21 results on November 26th before the markets open with a 6am ET conference call. We are positive on Meituan’s outlook as most of the negatives from policy and weather/COVID fronts are likely to be behind us. The resurgence of COVID outbreaks along with the extreme bad weather in some regions are likely to be negative to margins. Meituan is leading in the community group buy business.
MEITUAN DIANPING is a China-based e-commerce platform providing life services. The Company connects consumers and businesses to provide services satisfying people's daily eating needs. The Company owns an instant food ordering and delivery brand, Meituan, as well as provides services through its mobile application, Meituan. The Company is also engaged in the operation of a bike-sharing brand, Mobike.
T.H. Capital is an independent research and investment advisory firm specializing in China. We offers real-time, on-the-ground, bottom-up research across a wide spectrum from macro and industry analysis to company specific projects; from China ADRs to international names that have meaningful exposure to China market. We deliver relevant, comprehensive and data driven research adding immense value to clients.
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