Meituan Q4 Revenue Up 20.1%, Heavily Investing in AI

Live Track

03-21

Meituan reported strong Q4 2024 results:
1. Total revenue increased 20.1% YoY to RMB 88.5 billion
2. Total segment operating profit grew to RMB 10.7 billion from RMB 3.2 billion last year
3. Adjusted net profit reached RMB 9.8 billion
4. Cash position remained strong at RMB 168.2 billion
5. Core local commerce segment revenue grew 18.9% YoY to RMB 65.6 billion
6. New initiatives segment revenue increased 23.5% YoY to RMB 22.9 billion
7. Company is heavily investing in AI across three layers: AI at work, AI in products, and building in-house large language models
Disclaimer: This earnings call summary is generated by AI and is for informational purposes only. Due to technical limitations, inaccuracies may exist. It does not constitute investment advice or commitments.

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It does not constitute investment advice or commitments.","source":null,"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 Q4 Revenue Up 20.1%, Heavily Investing in AI</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 Q4 Revenue Up 20.1%, Heavily Investing in AI\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1002722034\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/5b82af1deb17dfa8f94b4741b9ea2738);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Live Track </p>\n<p class=\"h-time smaller\">2025-03-21 19:33</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<br>Meituan reported strong Q4 2024 results:<br>1. Total revenue increased 20.1% YoY to RMB 88.5 billion<br>2. Total segment operating profit grew to RMB 10.7 billion from RMB 3.2 billion last year<br>3. Adjusted net profit reached RMB 9.8 billion<br>4. Cash position remained strong at RMB 168.2 billion<br>5. Core local commerce segment revenue grew 18.9% YoY to RMB 65.6 billion<br>6. New initiatives segment revenue increased 23.5% YoY to RMB 22.9 billion<br>7. Company is heavily investing in AI across three layers: AI at work, AI in products, and building in-house large language models<br>Disclaimer: This earnings call summary is generated by AI and is for informational purposes only. Due to technical limitations, inaccuracies may exist. It does not constitute investment advice or commitments.\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"","article_id":"1143138644","we_media_id":"1002722034","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1143138644","pubTimestamp":1742556831,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Live Track","introduction":"real-time reporting","home_visible":1,"id":"1002722034","head_image":"https://community-static.tradeup.com/news/5b82af1deb17dfa8f94b4741b9ea2738"},"summary":"Meituan reported strong Q4 2024 results:1. Total revenue increased 20.1% YoY to RMB 88.5 billion2. Total segment operating profit grew to RMB 10.7 billion from RMB 3.2 billion last year3. Adjusted net profit reached RMB 9.8 billion4. Cash position remained strong at RMB 168.2 billion5. Core local commerce segment revenue grew 18.9% YoY to RMB 65.6 billion6. New initiatives segment revenue increased 23.5% YoY to RMB 22.9 billion7. Company is heavily investing in AI across three layers: AI at work","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{},"translate_title":"美团-W Q4营收增长20.1%大力投资AI","themeId":"1263a19294e7463da16797f4078e8266","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"83690":1,"03690":1,"MPNGY":1},"content_text":"Meituan reported strong Q4 2024 results:1. Total revenue increased 20.1% YoY to RMB 88.5 billion2. Total segment operating profit grew to RMB 10.7 billion from RMB 3.2 billion last year3. Adjusted net profit reached RMB 9.8 billion4. Cash position remained strong at RMB 168.2 billion5. Core local commerce segment revenue grew 18.9% YoY to RMB 65.6 billion6. New initiatives segment revenue increased 23.5% YoY to RMB 22.9 billion7. Company is heavily investing in AI across three layers: AI at work, AI in products, and building in-house large language modelsDisclaimer: This earnings call summary is generated by AI and is for informational purposes only. Due to technical limitations, inaccuracies may exist. It does not constitute investment advice or commitments.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":true,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"earningsCall","news_rank":0,"symbols":[],"gpt_button":1,"code":"91000000","status":"200"}}}