--- title: "Understanding the Market | MEITUAN-W rises over 4%, the trend of reduced losses in the first quarter of food delivery will continue" type: "News" locale: "en" url: "https://longbridge.com/en/news/280719032.md" description: "Meituan-W surged over 4% during intraday trading, and as of the time of writing, it rose 3.17% to HKD 89.45, with a transaction volume of HKD 4.61 billion. On the news front, on March 26, Meituan released its performance for the fourth quarter and the full year of 2025. During the conference call, the company disclosed that the trend of reduced losses in the food delivery segment will continue in the first quarter, stating, \"Since the beginning of the first quarter, Meituan has maintained its leading position in the GTV of the mid-to-high price order market.\" It is worth mentioning that the State Administration for Market Regulation held the first corporate fair competition symposium of 2026, emphasizing the need to deeply rectify \"involutionary\" competition, deepen institutional openness in the competitive field, and provide greater support for enterprises to explore international markets and achieve high-quality development. Citigroup upgraded Meituan's Hong Kong stock rating to Buy and raised the target price from HKD 94 to HKD 110, citing benefits from a strategic focus on high average order value and high-quality users. The company's food delivery business unit economics (UE) achieved significant quarter-on-quarter improvement in the fourth quarter of last year and is expected to further improve in the first quarter of 2026. Analysts Alicia Yap and others stated in their report that Meituan's execution in overseas markets is robust, and the unit economics in the Saudi Arabian market is expected to turn positive by the end of 2026" datetime: "2026-03-27T02:50:03.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/280719032.md) - [en](https://longbridge.com/en/news/280719032.md) - [zh-HK](https://longbridge.com/zh-HK/news/280719032.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/280719032.md) | [繁體中文](https://longbridge.com/zh-HK/news/280719032.md) # Understanding the Market | MEITUAN-W rises over 4%, the trend of reduced losses in the first quarter of food delivery will continue According to Zhitong Finance APP, Meituan-W (03690) surged over 4% during the session, and as of the time of writing, it rose 3.17% to HKD 89.45, with a transaction volume of HKD 4.61 billion. In terms of news, on March 26, Meituan released its performance for the fourth quarter and the full year of 2025. During the conference call, the company disclosed that the trend of reducing losses in the food delivery segment will continue in the first quarter, stating, "Since the beginning of the first quarter, Meituan has maintained its leading position in the mid-to-high price order market GTV." It is worth mentioning that the State Administration for Market Regulation held the first corporate fair competition symposium of 2026, emphasizing the need to deeply rectify "involutionary" competition, deepen the institutional opening in the field of competition, and provide greater support for enterprises to explore international markets and achieve high-quality development. Citigroup upgraded Meituan's Hong Kong stock rating to Buy and raised the target price from HKD 94 to HKD 110, citing benefits from a strategic focus on high average order value and high-quality users. The unit economic efficiency (UE) of the company's food delivery business achieved significant quarter-on-quarter improvement in the fourth quarter of last year and is expected to further improve in the first quarter of 2026. Analysts Alicia Yap and others stated in the report that Meituan's execution in overseas markets is robust, and the unit economic efficiency in the Saudi Arabian market is expected to turn positive by the end of 2026 ### Related Stocks - [AdvisorShares Restaurant ETF (EATZ.US)](https://longbridge.com/en/quote/EATZ.US.md) - [Meituan (MPNGY.US)](https://longbridge.com/en/quote/MPNGY.US.md) - [MEITUAN-W (03690.HK)](https://longbridge.com/en/quote/03690.HK.md) ## Related News & Research - [The Tim Hortons parent just made Josh Brown's best stocks list and is breaking out](https://longbridge.com/en/news/281547914.md) - [18:24 ETLinked Eats Selected as Olo's Strategic Partner for Third-Party Delivery Profitability](https://longbridge.com/en/news/281083900.md) - [This Brinker International Analyst Turns Bullish On Chili's Sales](https://longbridge.com/en/news/281548036.md) - [Amap Street Stars Launches Macao Authentic Delicacies Ranking to Drive Cultural-Tourism Innovation in the Greater Bay Area](https://longbridge.com/en/news/280753693.md) - [KFC® Has an Answer to the Value Wars: A Value Feast Fit for the Moment | YUM Stock News](https://longbridge.com/en/news/281061879.md)