Meituan-W (03690.HK) Q1 2026 Earnings Commentary: Food Delivery UE Losses Narrow as Expected; Further Improvement Anticipated in Q2
Meituan reported RMB 91 billion in revenue for Q1 2026, an increase of 5.6% year-over-year. It recorded an operating loss of RMB 6.5 billion and an adjusted net loss of RMB 5.0 billion, marking a significant narrowing of losses. By segment, Core Local Commerce in Q1...
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Zhitoong HK Connect Active Trading | June 5
Stock Connect Active Trading | June 5, 2026
DJI and Meituan Instant Shopping have partnered to launch the new Pocket 4.
Sina Tech News, June 5 afternoon — DJI (hereinafter referred to as "DJI") has officially partnered with Meituan Instant Shopping, with 400 of its offline stores nationwide now live on the platform. Consumers across the country can now enjoy a convenient service offering "instant ordering, local store fulfillment, and delivery in as fast as 30 minutes" when purchasing action cameras, drones, robot vacuum-mop combos, and professional photography equipment. According to the company, DJI views instant retail as a significant new growth driver. Following the launch of its flagship new product, the DJI Osmo Pocket 4, DJI aims to fully leverage the efficiency, convenience, and strong appeal of instant retail among younger consumers.
Meituan Stock Climbs 1.7% in Hong Kong
Hong Kong Market Snapshot | All three major indices declined, with the tech index down 1.75%; Hong Kong stocks fell for the third consecutive day. Most semiconductor stocks declined, with Montage Technology dropping 9.21%. Shipping and port stocks rose, w
All three major indices declined, with the tech index falling 1.75%, and Hong Kong stocks dropping for the third consecutive day; most semiconductor stocks fell, with Montage Technology down 9.21%; shipping and port stocks rose, with COSCO Shipping Holdings up 6.68%.