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Meituan Dianping Reports Strong Financial Growth in 2024

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Meituan Dianping Reports Strong Financial Growth in 2024

An update from Meituan Dianping ( (HK:3690) ) is now available.

Meituan Dianping reported a significant financial performance improvement for the year ended December 31, 2024, with a 22% increase in revenues and a substantial rise in operating profit by 174.6% compared to the previous year. The company’s adjusted EBITDA and net profit also saw impressive growth, indicating strong operational efficiency and market positioning, which could positively impact stakeholders and reinforce its competitive edge in the service industry.

More about Meituan Dianping

Meituan Dianping is a leading Chinese technology company that operates in the service industry, focusing primarily on food delivery, in-store dining, hotel and travel booking, and other lifestyle services. The company is known for its comprehensive platform that connects consumers with local businesses, enhancing the convenience and efficiency of everyday services.

YTD Price Performance: 15.18%

Average Trading Volume: 18,510

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $138B

Find detailed analytics on 3690 stock on TipRanks’ Stock Analysis page.

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