China tech stock Meituan Crashed on Friday, 18th February 2022. The company’s share price tumbled as much as 32.80%, sending the share price from open price of HKD 217.40 to as low as HKD 182. …
Continue reading
Tag: Meituan
Meituan (HKG:3690) operates an e-commerce platform. The company is a food delivery giant, offering food ordering and delivery service through its platform. The revenue from food delivery are primarily derived from its platform service to merchants to display the food information and connect transacting users; food delivery service; and online marketing services in various advertising formats provided to merchants.