Meituan reports second-quarter profit as Meituan stock costs EUR 8.00
Published on 10/07/2026 at 10:26 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSMeituan stock (ISIN KYG596691041) was trading at EUR 8.00 at Lang & Schwarz on October 7, 2026 at 10:15 a.m. CEST, plus 0.25 percent versus the prior close of EUR 7.98. The company reported second-quarter profit after revenue rose 14.40 percent year over year to RMB 104.64 billion, according to FilingReader on September 28, 2026.
Profit returns in the second quarter
Meituan's second-quarter operating profit reached RMB 2.69 billion, compared with RMB 226.35 million in the same period a year earlier. That is a rise of 1,088.52 percent from the prior-year figure, calculated from the reported values.
Non-IFRS adjusted net profit reached RMB 2.52 billion in the second quarter, up 69.00 percent from the prior-year period. The contrast with the first half was material: Meituan still recorded an operating loss of RMB 3.78 billion and a net loss of RMB 4.67 billion for the six months ended June 30, 2026, according to FilingReader.
Local commerce leads the recovery
Core Local Commerce generated RMB 71.53 billion of second-quarter revenue, up 10.10 percent year over year. Its operating profit reached RMB 5.67 billion, while New Initiatives revenue grew 25.00 percent to RMB 33.11 billion and its operating loss narrowed to RMB 1.74 billion.
The figures show where the recovery is concentrated. The core segment supplied the stronger profit contribution, while New Initiatives continued to expand revenue but remained loss-making. For investors, that mix makes operating discipline in newer businesses as important as headline revenue growth.
Meituan's investor-relations page identifies the Hong Kong-listed company as ticker 03690 and records the second-quarter results announcement on August 28, 2026, while its business spans food delivery, in-store services, hotel and travel bookings, and instant retail. The company also reported RMB 104.72 billion in cash and cash equivalents as of June 30, 2026, according to Meituan.
Euro quote and Hong Kong valuation
At Lang & Schwarz, Meituan was trading at EUR 8.00 on October 7, 2026 at 10:15 a.m. CEST, plus 0.25 percent versus the EUR 7.98 prior close dated October 6, 2026. On the Hong Kong Stock Exchange, the finance quote showed market capitalization of HKD 433.3 billion and a 52-week range of HKD 63.65 to HKD 108.00 as of October 7, 2026. The primary listing and ISIN are confirmed by Stock Analysis.
The further course of trading is shown by the continuously updated real-time quote of Meituan stock.
Meituan stock facts
- Company: Meituan
- ISIN: KYG596691041
- Ticker: 3690
- Primary exchange: Hong Kong Stock Exchange
- Price Lang & Schwarz as of October 7, 2026, 10:15 a.m. CEST: EUR 8.00
- Change versus prior close: plus 0.25 percent
- Prior close Lang & Schwarz October 6, 2026: EUR 7.98
- Market capitalization: HKD 433.3 billion as of October 7, 2026
- 52-week range: HKD 63.65-108.00 as of October 7, 2026
- Sector / Industry: Consumer Discretionary / Internet Retail
