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MEITUAN

22.84

+2.8814.43%

Post-market: 22.840.00000.00%16:43 EDT

Volume:1.65M

Turnover:37.64M

Market Cap:70.51B

PE:14.73

High:22.96

Open:22.70

Low:22.68

Close:19.96

52wk High:42.71

52wk Low:18.56

Shares:3.09B

Float Shares:2.75B

Volume Ratio:4.29

T/O Rate:0.06%

Dividend:- -

Dividend Rate:- -

EPS(TTM):1.55

EPS(LYR):1.60

ROE:-1.21%

ROA:-0.91%

PB:2.91

PE(LYR):14.26

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News

Alibaba Stock Jumps. China's Food Delivery War Just Took an Unexpected Twist. -- Barrons.com

Hong Kong Tech and Semiconductor Stocks Surge, JD and Alibaba Jump 4%, Pop Mart Plunges 22%

China's Food-Delivery Companies Rally After Regulator Signals Renewed Push to Curb Price War

China shares climb as Iran ceasefire optimism lifts risk appetite

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American depositary receipts for online retailers Alibaba and JD.com jumped 2.6% and 4.3%, respectively, early Wednesday.The rally came after China's State Administration for Market Regulation reposted a column by state-run newspaper Economic Daily that called for an end to the price war between food-delivery operators.Investors saw that as a sign that the regulator may soon step in to end the battle.Economic Daily said there had been a \"severe shock to the pricing system of the catering industry,\" adding that this had resulted in lower quality and weaker profits.Alibaba, JD.com, and Meituan have been locked in a brutal price war, particularly in food delivery, in a bid to boost sales volumes at a time when consumer spending in China has 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Technology and internet stocks rebounded in the 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Food-Delivery Companies Rally After Regulator Signals Renewed Push to Curb Price War","url":"https://stock-news.laohu8.com/highlight/detail?id=2622102527","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2622102527?lang=en_us&edition=fundamental","pubTime":"2026-03-25 16:36","pubTimestamp":1774427760,"startTime":"0","endTime":"0","summary":"Shares of China's food-delivery companies rallied after Chinese authorities signaled a push to address intense price competition in the sector.Meituan shares closed 14% higher on Wednesday, while Alibaba and JD.com shares gained 4.6% and 4.85%, respectively. That outperformed the Hang Seng Tech Index's 1.9% gain.The State Administration for Market Regulation, China's top market regulator, said in an article on its official website Wednesday morning that it held a seminar to curb unfair competition, without naming the food-delivery industry. Around the same time, the regulator published a column by the state-owned Economic Daily newspaper on its website, urging food-delivery companies to end the price war.The regulator's statement could mark \"a pivotal sign of normalization in food delivery competition, with a decent scale-back of subsidies in the coming months,\" Citi analysts said in a note.Citi analysts said the regulator's stance is positive for Meituan as easing competitive 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