Meituan Class B

03690: XHKG (HKG)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	LOCK\|L$	LOCK\|z#Cp	LOCK\|kdfxRM

Meituan Earnings: Fair Value Estimate Cut by 14% After Results Miss Amid Intense Competition

Chelsey Tam

Mar 27, 2026

Meituan's EBIT fell by CNY 9 billion year on year to a CNY 16 billion loss in the fourth quarter of 2025 due to competition in food delivery and in-store services, as well as overseas expansion.

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Meituan Class B

Meituan Earnings: Fair Value Estimate Cut by 14% After Results Miss Amid Intense Competition

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