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Meituan (MPNGF)

Other OTC - Other OTC Delayed Price. Currency in USD
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23.00+0.25 (+1.10%)
As of 03:24PM EDT. Market open.
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Trade prices are not sourced from all markets
Previous Close22.75
Open22.90
Bid0.00 x 0
Ask0.00 x 0
Day's Range22.80 - 23.03
52 Week Range13.33 - 39.05
Volume925
Avg. Volume39,735
Market Cap142.842B
Beta (5Y Monthly)0.81
PE Ratio (TTM)N/A
EPS (TTM)-0.59
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
  • Bloomberg

    Tencent-Backed Giants Dive on $24 Billion Meituan Sale Talk

    (Bloomberg) -- Tencent Holdings Ltd.’s biggest investees plummeted after Reuters reported the social media giant intends to sell all or much of its $24 billion stake in food delivery giant Meituan to appease Beijing.Most Read from BloombergSaudi Billionaire Made $500 Million Russia Bet at War Onset‘Next Generation’ Moderna Coronavirus Booster Jab Approved for Use in AdultsWells Fargo Plans Major Retreat From Mortgage Business It Long DominatedDOJ Opposes Release of Affidavit in Trump Search, Cit

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  • Reuters

    Exclusive - Tencent plans to divest Meituan stake worth $24 billion - sources

    China's Tencent Holdings plans to sell all or a bulk of its $24 billion stake in food delivery firm Meituan to placate domestic regulators and monetise an eight-year-old investment, four sources with knowledge of the matter said. Tencent, which owns 17% of Meituan, has been engaging with financial advisers in recent months to work out how to execute a potentially large sale of its Meituan stake, said three of the sources. The planned sale comes against the backdrop of China's sweeping regulatory crackdown since late 2020 on technology heavyweights that took aim at their empire building via stake acquisitions and domestic concentration of market power.