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2021-05-28

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Meituan reports second consecutive quarterly loss<blockquote>美团-W报告连续第二个季度亏损</blockquote>

Chinese food delivery giant Meituan reported a second consecutive quarterly loss on Friday, weighed

Meituan reports second consecutive quarterly loss<blockquote>美团-W报告连续第二个季度亏损</blockquote>

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{"i18n":{"language":"zh_CN"},"data":{"magic":2,"id":134043891,"tweetId":"134043891","gmtCreate":1622195270513,"gmtModify":1634182958300,"author":{"id":3584529822799715,"idStr":"3584529822799715","authorId":3584529822799715,"authorIdStr":"3584529822799715","name":"Aiaiai","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":11,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":0,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"extraTitle":"","html":"<html><head></head><body>ohno</body></html>","htmlText":"<html><head></head><body>ohno</body></html>","text":"ohno","highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://laohu8.com/post/134043891","repostId":1128925476,"repostType":4,"repost":{"id":"1128925476","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1622191493,"share":"https://www.laohu8.com/m/news/1128925476?lang=zh_CN&edition=full","pubTime":"2021-05-28 16:44","market":"hk","language":"en","title":"Meituan reports second consecutive quarterly loss<blockquote>美团-W报告连续第二个季度亏损</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1128925476","media":"Tiger Newspress","summary":"Chinese food delivery giant Meituan reported a second consecutive quarterly loss on Friday, weighed ","content":"Chinese food delivery giant Meituan reported a second consecutive quarterly loss on Friday, weighed down by its expansion into the community group-buying business that relies heavily on subsidies.<blockquote>中国外卖巨头美团-W周五公布连续第二个季度亏损，受其向严重依赖补贴的社区团购业务扩张拖累。</blockquote>It reported a loss of 4.85 billion yuan ($762.4 million) in the period versus a 1.58 billion yuan loss a year earlier, when its business was hit by nationwide coronavirus curbs.<blockquote>该公司报告期内亏损48.5亿元人民币（7.624亿美元），而去年同期亏损15.8亿元人民币，当时其业务受到全国范围内冠状病毒限制措施的打击。</blockquote>Company Financial Highlights<blockquote>公司财务摘要</blockquote>Thanks to the PRC government’s effective measures to contain the COVID-19 pandemic in&nbsp;China, company businesses experienced strong recovery during the first quarter of 2021.<blockquote>由于中国政府采取有效措施遏制中国的COVID-19疫情，公司业务于2021年第一季度经历了强劲复苏。</blockquote>Total revenues&nbsp;increased by 120.9% in the first quarter of 2021 to RMB37.0 billion from RMB16.8 billion for&nbsp;the same period of 2020. Company food delivery and in-store, hotel &amp; travel segments posted stellar&nbsp;growth, realizing an aggregate operating profit by segment of RMB3.9 billion in the first quarter&nbsp;of 2021, an increase from RMB0.6 billion for the same period of 2020.<blockquote>总收入由2020年同期的人民币168亿元增加120.9%至2021年第一季度的人民币370亿元。公司外卖、到店、酒店及旅游板块增长强劲，2021年第一季度实现分部营业利润总额人民币39亿元，高于2020年同期的人民币6亿元。</blockquote>Operating loss for the&nbsp;new initiatives and others segment expanded as company&nbsp;accelerated our investment effort to provide&nbsp;services with more breadth. Both adjusted EBITDA and adjusted net loss for the first quarter of&nbsp;2021 decreased year-over-year to negative RMB2.4 billion and RMB3.9 billion, respectively. net cash flows used in operating activities decreased to RMB4.4 billion in the first quarter of 2021&nbsp;from RMB5.0 billion for the same period of 2020. Company had cash and cash equivalents of RMB17.8&nbsp;billion and short-term treasury investments of RMB35.3 billion as of March 31, 2021, compared to&nbsp;the balances of RMB17.1 billion and RMB44.0 billion as of December 31, 2020, respectively.<blockquote>随着公司加快投资力度以提供更广泛的服务，新计划和其他部门的运营亏损扩大。2021年第一季度调整后EBITDA和调整后净亏损同比分别下降至负人民币24亿元和人民币39亿元。经营活动所用现金流量净额由2020年同期的人民币50亿元减少至2021年第一季度的人民币44亿元。截至2021年3月31日，公司的现金及现金等价物为人民币178亿元，短期资金投资为人民币353亿元，而截至2020年12月31日的余额分别为人民币171亿元和人民币440亿元。</blockquote><img src=\"https://static.tigerbbs.com/a693a54147796382f71c467e44d2dbc5\" tg-width=\"606\" tg-height=\"690\" referrerpolicy=\"no-referrer\">New initiatives and others <blockquote>新举措及其他</blockquote>During the first quarter of 2021, Meituan ramped up our investments in new initiatives. Retail, especially the community e-commerce business, continued to be our largest investment area. For the first quarter of 2021, revenues from the new initiatives and others segment increased by 136.5% year over year to RMB9.9 billion, primarily driven by the growth in retail businesses, B2B food distribution services, and ride-sharing services. Operating loss for the segment increased both year over year and quarter over quarter to negative RMB8.0 billion in the first quarter of 2021, while operating margin decreased to negative 81.6%.<blockquote>2021年第一季度，美团-W加大了对新举措的投资。零售，尤其是社区电商业务，继续成为我们最大的投资领域。2021年第一季度，新计划及其他分部的收入同比增长136.5%至人民币99亿元，主要受零售业务、B2B食品配送服务和拼车服务增长的推动。2021年第一季度，该部门的经营亏损同比和环比均增加至负人民币80亿元，而营业利润率则下降至负81.6%。</blockquote>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Meituan reports second consecutive quarterly loss<blockquote>美团-W报告连续第二个季度亏损</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMeituan reports second consecutive quarterly loss<blockquote>美团-W报告连续第二个季度亏损</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\nTiger Newspress \n2021-05-28 16:44\n</div>\n</a>\n</h4>\n</header>\n<article>\nChinese food delivery giant Meituan reported a second consecutive quarterly loss on Friday, weighed down by its expansion into the community group-buying business that relies heavily on subsidies.<blockquote>中国外卖巨头美团-W周五公布连续第二个季度亏损，受其向严重依赖补贴的社区团购业务扩张拖累。</blockquote>It reported a loss of 4.85 billion yuan ($762.4 million) in the period versus a 1.58 billion yuan loss a year earlier, when its business was hit by nationwide coronavirus curbs.<blockquote>该公司报告期内亏损48.5亿元人民币（7.624亿美元），而去年同期亏损15.8亿元人民币，当时其业务受到全国范围内冠状病毒限制措施的打击。</blockquote>Company Financial Highlights<blockquote>公司财务摘要</blockquote>Thanks to the PRC government’s effective measures to contain the COVID-19 pandemic in&nbsp;China, company businesses experienced strong recovery during the first quarter of 2021.<blockquote>由于中国政府采取有效措施遏制中国的COVID-19疫情，公司业务于2021年第一季度经历了强劲复苏。</blockquote>Total revenues&nbsp;increased by 120.9% in the first quarter of 2021 to RMB37.0 billion from RMB16.8 billion for&nbsp;the same period of 2020. Company food delivery and in-store, hotel &amp; travel segments posted stellar&nbsp;growth, realizing an aggregate operating profit by segment of RMB3.9 billion in the first quarter&nbsp;of 2021, an increase from RMB0.6 billion for the same period of 2020.<blockquote>总收入由2020年同期的人民币168亿元增加120.9%至2021年第一季度的人民币370亿元。公司外卖、到店、酒店及旅游板块增长强劲，2021年第一季度实现分部营业利润总额人民币39亿元，高于2020年同期的人民币6亿元。</blockquote>Operating loss for the&nbsp;new initiatives and others segment expanded as company&nbsp;accelerated our investment effort to provide&nbsp;services with more breadth. Both adjusted EBITDA and adjusted net loss for the first quarter of&nbsp;2021 decreased year-over-year to negative RMB2.4 billion and RMB3.9 billion, respectively. net cash flows used in operating activities decreased to RMB4.4 billion in the first quarter of 2021&nbsp;from RMB5.0 billion for the same period of 2020. Company had cash and cash equivalents of RMB17.8&nbsp;billion and short-term treasury investments of RMB35.3 billion as of March 31, 2021, compared to&nbsp;the balances of RMB17.1 billion and RMB44.0 billion as of December 31, 2020, respectively.<blockquote>随着公司加快投资力度以提供更广泛的服务，新计划和其他部门的运营亏损扩大。2021年第一季度调整后EBITDA和调整后净亏损同比分别下降至负人民币24亿元和人民币39亿元。经营活动所用现金流量净额由2020年同期的人民币50亿元减少至2021年第一季度的人民币44亿元。截至2021年3月31日，公司的现金及现金等价物为人民币178亿元，短期资金投资为人民币353亿元，而截至2020年12月31日的余额分别为人民币171亿元和人民币440亿元。</blockquote><img src=\"https://static.tigerbbs.com/a693a54147796382f71c467e44d2dbc5\" tg-width=\"606\" tg-height=\"690\" referrerpolicy=\"no-referrer\">New initiatives and others <blockquote>新举措及其他</blockquote>During the first quarter of 2021, Meituan ramped up our investments in new initiatives. Retail, especially the community e-commerce business, continued to be our largest investment area. For the first quarter of 2021, revenues from the new initiatives and others segment increased by 136.5% year over year to RMB9.9 billion, primarily driven by the growth in retail businesses, B2B food distribution services, and ride-sharing services. Operating loss for the segment increased both year over year and quarter over quarter to negative RMB8.0 billion in the first quarter of 2021, while operating margin decreased to negative 81.6%.<blockquote>2021年第一季度，美团-W加大了对新举措的投资。零售，尤其是社区电商业务，继续成为我们最大的投资领域。2021年第一季度，新计划及其他分部的收入同比增长136.5%至人民币99亿元，主要受零售业务、B2B食品配送服务和拼车服务增长的推动。2021年第一季度，该部门的经营亏损同比和环比均增加至负人民币80亿元，而营业利润率则下降至负81.6%。</blockquote>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"03690":"美团-W"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1128925476","content_text":"Chinese food delivery giant Meituan reported a second consecutive quarterly loss on Friday, weighed down by its expansion into the community group-buying business that relies heavily on subsidies.It reported a loss of 4.85 billion yuan ($762.4 million) in the period versus a 1.58 billion yuan loss a year earlier, when its business was hit by nationwide coronavirus curbs.Company Financial HighlightsThanks to the PRC government’s effective measures to contain the COVID-19 pandemic in China, company businesses experienced strong recovery during the first quarter of 2021.Total revenues increased by 120.9% in the first quarter of 2021 to RMB37.0 billion from RMB16.8 billion for the same period of 2020. Company food delivery and in-store, hotel & travel segments posted stellar growth, realizing an aggregate operating profit by segment of RMB3.9 billion in the first quarter of 2021, an increase from RMB0.6 billion for the same period of 2020.Operating loss for the new initiatives and others segment expanded as company accelerated our investment effort to provide services with more breadth. Both adjusted EBITDA and adjusted net loss for the first quarter of 2021 decreased year-over-year to negative RMB2.4 billion and RMB3.9 billion, respectively. net cash flows used in operating activities decreased to RMB4.4 billion in the first quarter of 2021 from RMB5.0 billion for the same period of 2020. Company had cash and cash equivalents of RMB17.8 billion and short-term treasury investments of RMB35.3 billion as of March 31, 2021, compared to the balances of RMB17.1 billion and RMB44.0 billion as of December 31, 2020, respectively.New initiatives and others During the first quarter of 2021, Meituan ramped up our investments in new initiatives. Retail, especially the community e-commerce business, continued to be our largest investment area. For the first quarter of 2021, revenues from the new initiatives and others segment increased by 136.5% year over year to RMB9.9 billion, primarily driven by the growth in retail businesses, B2B food distribution services, and ride-sharing services. Operating loss for the segment increased both year over year and quarter over quarter to negative RMB8.0 billion in the first quarter of 2021, while operating margin decreased to negative 81.6%.","news_type":1,"symbols_score_info":{"03690":0.9}},"isVote":1,"tweetType":1,"viewCount":1030,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":4,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}