Very insightful, came across this while trying to build my expectations of Meituan's Q1 earnings coming up. I suspect there are no surprises in the earnings themselves, but would in interesting to see if the full year guidance improves, given the success of Keeta in HK and expansion plans for Saudi. Any thoughts ?
Very insightful, came across this while trying to build my expectations of Meituan's Q1 earnings coming up. I suspect there are no surprises in the earnings themselves, but would in interesting to see if the full year guidance improves, given the success of Keeta in HK and expansion plans for Saudi. Any thoughts ?
When you look at the earnings, Meituan have performed well consistently, except for Meituan select. Recently, the narrative shifted from ByteDance completely killing them to a more rational perspective. It’s similar to the brief period when everyone thought OpenAI would completely kill Google.
I appreciate the development in Hong Kong; however, I’m unsure if it will significantly impact earnings since they still only operate in part of the city. Regarding the expansion in Saudi Arabia, the timing and extent of its contribution are still unclear, but it does look promising.
Very insightful, came across this while trying to build my expectations of Meituan's Q1 earnings coming up. I suspect there are no surprises in the earnings themselves, but would in interesting to see if the full year guidance improves, given the success of Keeta in HK and expansion plans for Saudi. Any thoughts ?
When you look at the earnings, Meituan have performed well consistently, except for Meituan select. Recently, the narrative shifted from ByteDance completely killing them to a more rational perspective. It’s similar to the brief period when everyone thought OpenAI would completely kill Google.
Thanks makes sense.
I appreciate the development in Hong Kong; however, I’m unsure if it will significantly impact earnings since they still only operate in part of the city. Regarding the expansion in Saudi Arabia, the timing and extent of its contribution are still unclear, but it does look promising.