Tag: china-e-commerce

Nomura Analysts Say in a Research Note That It Is Unlikely Meituan’s Shares Will Rebound Soon After the Company Guided a 2025 Net Loss of 23.3 Billion–24.3 Billion Yuan Due to Intensifying Competition in China’s Local Services Sector and Overseas Investments. the Forecast Implies a 4Q Net Loss of 15

⚡ TL;DR Nomura analysts predict that $MEIT’s shares are unlikely to rebound soon due to intensifying competition in China’s local services sector and overseas investments,…