US Stock Movement | Meituan ADR rises 3.3% at the open, Q2 food delivery UE expected to be significantly better than Q1
Show original
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
Gelonghui June 1st|Meituan ADR rose by 3.3%. In the first quarter of 2026, Meituan's core local commerce revenue increased by 0.1% year-on-year to 64.1 billion RMB; operating loss narrowed significantly quarter-on-quarter to 2 billion RMB, mainly due to a substantial reduction in the loss of its instant delivery business. Since the first quarter, Meituan has further consolidated its leading position in the mid-to-high value food delivery orders market and continued to expand its UE leadership over similar platforms. If the competitive environment remains rational and is combined with the peak season effect in the second quarter, it is expected that the UE of food delivery in Q2 will be significantly better than Q1.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!
You may also like
JPMorgan Chase: SpaceX Inclusion in Nasdaq 100 Index Could Trigger $4.3 Billion Passive Fund Inflows
BlockBeats•2026/06/27 09:54
Exchange leads you to trending coins: AAVE's popularity rises, up 11.53% in 24H
AiCoin•2026/06/27 09:33
NAVI Protocol incubates Premium Exchange ecosystem token PST, which will soon be launched
Chaincatcher•2026/06/27 09:16
Trending news
MoreCrypto prices
MoreBitcoin
BTC
$60,307.76
+1.02%
Ethereum
ETH
$1,579.4
+1.69%
Tether USDt
USDT
$0.9985
-0.01%
USDC
USDC
$0.9997
+0.01%
XRP
XRP
$1.06
+2.51%
Solana
SOL
$71.67
+3.93%
TRON
TRX
$0.3205
-0.47%
Hyperliquid
HYPE
$62.76
-0.01%
Dogecoin
DOGE
$0.07522
+1.74%
Zcash
ZEC
$407.23
+1.61%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now