The Zhitong Finance App learned that Meituan-W (03690) rose nearly 7% in the intraday period. As of press release, it had risen 5.81% to HK$76.5, with a turnover of HK$2,642 billion.

According to the news, according to third-party expert interview data, the average profit for takeout orders began. Meituan averaged more than 73 million orders per day in September, with an average profit of 0.2 to 0.3 yuan. Order volume profit is expected to double in October. UBS's previous research report pointed out that competition in the mainland's rapid commerce and in-store markets is nearing a turning point, shifting from subsidy-led share competition to operational efficiency. The bank expects the transformation to be increasingly beneficial to Meituan's deep moat. With its efficient “user-delivery-merchant” flywheel model, the sharp recovery in profits in the second quarter of this year has been proven.

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