[New post] China Galaxy: Meituan

alanyeo posted: " Strong results but continued heavy investment■ Meituan reported 2Q21 revenue of Rmb44bn, up 77% yoy, and an adjusted net loss of Rmb2.2bn, compared to net profit in 2Q20, both above our expectations.■ We expect 3Q21F top-line growth of 39% yoy and an ope" Respond to this post by replying above this line New post on Alpha Edge Investing China Galaxy: Meituan by alanyeo Strong results but continued heavy investment■ Meituan reported 2Q21 revenue of Rmb44bn, up 77% yoy, and an adjusted net loss of Rmb2.2bn, compared to net profit in 2Q20, both above our expectations.■ We expect 3Q21F top-line growth of 39% yoy and an operating loss of Rmb6.5bn.■ Meituan will start to pay injury insurance for its […] Read more of this post This post is ad-supported ​ alanyeo | September 1, 2021 at 2:12 pm | Tags: Meituan Dianping | Categories: Equities - Research Reports by Brokers/ Banks | URL: https://wp.me/p7fA1-3ti Comment    See all comments    Like Unsubscribe to no longer receive posts from Alpha Edge Investing. Change your email settings at Manage Subscriptions. Trouble clicking? Copy and paste this URL into your browser: http://alphaedgeinvesting.com/2021/09/01/china-galaxy-meituan/ Thanks for flying with WordPress.com