3690.HK: Higher Growth of Orders and GTV Leading To Positive Performance In 3Q19E

  • 3690.HK: Higher Growth of Orders and GTV Leading To Positive Performance In 3Q19E

Meituan will report 3Q19 results on November 21st before the markets open with a 7am EST conference call. We are positive on Meituan’s performance for 3Q19 due to continuous top-line growth and margin expansion. Based on our data and model, Meituan Dianping revenue is likely to be above consensus at RMB 25.553B in 3Q19 as a result of higher growth in GTVs and orders as well as other lines of businesses.

About

Contact

Careers

T.H. Capital is an independent research and investment advisory firm specializing in China. We offer real-time, on-the-ground, bottom-up research across a wide spectrum from macro and industry analysis to company specific projects, from China ADRs to international names that have meaningful exposure to the China market. We deliver relevant, comprehensive and data driven research adding immense value to clients.
Address:

5E, Tower D, Central International Trade Center, 6 Jianguomenwai Avenue, Beijing 100022, China

Email:

services@thcapital-china.com

Do you enjoy pursuing original research in any aspect of the financial markets and have the ability to present research in a refreshing and captivating manner?
Careers