Meituan will announce its first quarter 2025 results after the Hong Kong stock market closes on May 26. According to analysts' expectations, Meituan's revenue in Q1 2025 is expected to increase by 17% year-on-year to 85.44 billion yuan; adjusted net profit is expected to increase by 30% year-on-year to 9.73 billion yuan; net earnings per share are expected to be 1.39 yuan, a year-on-year increase of 61%.

Recently, a total of 40 analysts have rated Meituan-W, of which 38 analysts have given a "buy" rating or above, with an average target price of HK$199.15.

Meituan will announce its first quarter 2025 results after the Hong Kong stock market closes on May 26. According to analysts' expectations, Meituan's revenue in Q1 2025 is expected to increase by 17% year-on-year to 85.44 billion yuan; adjusted net profit is expected to increase by 30% year-on-year to 9.73 billion yuan; net earnings per share are expected to be 1.39 yuan, a year-on-year increase of 61%. Recently, a total of 40 analysts have rated Meituan-W, of which 38 analysts have given a "buy" rating or above, with an average target price of HK$199.15.

Meituan earnings , understand it at a glance!

09618

The 618 shopping festival is an important milestone for e-commerce platforms. This year's 618 event lasted for 39 days, with enhanced support policies for merchants, and live-streaming sales becoming mainstream. E-commerce platforms no longer disclose GMV data and are shifting their focus to value enhancement. JD.com performed exceptionally well during 618, with both user numbers and order volumes reaching new highs, and the 3C and home appliance categories experiencing rapid growth

- The 618 shopping festival has evolved over the years, reflecting changes in the e-commerce industry, with this year's event lasting 39 days and featuring dual discounts on appliances and electronics.  
- Major platforms like JD.com and Taobao have adapted by simplifying promotional rules and focusing on value rather than just GMV, while live streaming has shifted towards brand-led broadcasts.  
- Despite the ongoing competition, the overall enthusiasm for such promotions appears to be waning, indicating a transition into a "post-GMV era" where user engagement and operational efficiency take precedence over mere price competition.

Wallstreetcn

JD.com

JD-SW

Not Competing on "Lowest Price Across the Entire Network," The New Understanding of E-commerce Platforms for 618