2019年9月18日星期三
 
專家論市
Martin Hennecke

Revenue leaps as Meituan cuts loss
 
24/05/2019
 
<p>Meituan Dianping (3690) says its net loss for the first quarter this year shrank 93.2 percent year-on-year to 1.43 billion yuan (HK$1.62 billion).</p><p>Total revenue rose 70.1 percent year-on-year to 19.17 billion yuan, benefiting from strong revenue growth across all major business segments, but decreased by 3.2 percent quarter-on-quarter from 19.8 billion yuan in the three months ended December 31, 2018, due to seasonality.</p><p>Shares of Meituan fell 5.75 percent to HK$58.15.</p><p>Revenue from food delivery jumped by 51.7 percent to 10.7 billion yuan in the first three months compared with the same period last year, and revenues from in-store, hotel and travel increased by 43.2 percent year-on-year to 4.5 billion yuan. Revenues from new initiatives and others segment in the first quarter rocketed to 3.9 billion yuan, up by 267.8 percent year-on-year.</p><p>Gross margin fell to 26.4 percent, down 2.1 percent compared with a year earlier while gross transaction volumes rose by 28 percent to 138.4 billion yuan, with the number of users reaching 412 million.</p><p>Meituan said it continued to restructure Mobike&#39;s overseas operations to further narrow the losses in the bike-sharing service in the first three months.</p><p>The Chinese internet services provider completed the acquisition of Mobike in April last year, but it said the overseas business of the bike-sharing company &quot;cannot bring sufficient strategic synergy&quot; to the platform to justify the costs.</p>
上一篇新聞 : Don't count on GDP answers
 

 

 
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