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Meituan (3690.HK)

HKSE - HKSE Delayed Price. Currency in HKD
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225.000-0.800 (-0.35%)
At close: 04:08PM HKT
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Previous Close225.800
Open224.200
Bid225.000 x 0
Ask225.200 x 0
Day's Range220.000 - 229.800
52 Week Range183.200 - 460.000
Volume22,040,731
Avg. Volume20,078,919
Market Cap1.38T
Beta (5Y Monthly)1.00
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateMar. 24, 2022 - Mar. 28, 2022
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est314.63
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  • Reuters

    UPDATE 2-Starbucks ties up with Meituan to bolster presence in crucial China market

    Starbucks, which has seen sales slow in China due to COVID-19's fallout, is attempting to widen its reach in its second-biggest market globally by distributing its coffees through the country's dominant food delivery firm, Meituan. The U.S. coffee chain said on Tuesday it has entered into a partnership with Meituan that will allow its Chinese customers to order coffee delivery and make reservations at its stores via the super-app's platforms. The move comes as competition in the Chinese coffee market is intensifying, and is aimed at expanding the availability of Starbucks, which first begun food delivery services in the country in 2018 through an exclusive partnership with Alibaba Group's Ele.me arm, Meituan's main rival.

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