Botswana Hotel Travel & Tourism Workers' Union

Meituan Announces Financial Results for the Three and Six Months Ended June 30, 2023

Retrieved on: 
Thursday, August 24, 2023

We held cash and cash equivalents of RMB27.0 billion and short-term treasury investments of RMB93.2 billion as of June 30, 2023.

Key Points: 
  • We held cash and cash equivalents of RMB27.0 billion and short-term treasury investments of RMB93.2 billion as of June 30, 2023.
  • Meituan has given full play to its role supplying high-frequency essentials, meeting more new demand and creating more supply.
  • In the future, Meituan will further promote the acceleration of the industry digital transformation and create value for all industry participants."
  • For the full announcement of Meituan for the three and six months ended June 30, 2023, please visit:

Valtech Acquires Union as it Scales End-to-end Creative & Performance Marketing Capabilities

Retrieved on: 
Wednesday, October 12, 2022

NEW YORK, Oct. 12, 2022 /PRNewswire/ -- In an industry peppered with big-bang campaigns that often fail to drive revenue or impact market share, the transformative combination of data and creative has never been more important.

Key Points: 
  • Together we will transform how our clients build relationships with their customers by providing end-to-end technology and marketing services with measurable impact," said Olivier Padiou, CEO Valtech.
  • Relentless creativity fueled by data is the mainstay of the award-winning American agency, Union has invested heavily in elevating their creative and data capabilities in recent years.
  • The agency was formed as a web design firm, later pivoting to a digital marketing agency and then evolved again into a creative and performance marketing agency.
  • Obsessed with data-driven performance, Union believes every marketing dollar should be viewed as an investment and they prove the ROI of their work with quantifiable data.

Meituan Announces Financial Results for the Three and Six Months Ended June 30, 2022

Retrieved on: 
Friday, August 26, 2022

We held cash and cash equivalents of RMB25.5 billion and short-term treasury investments of RMB82.0 billion as of June 30, 2022.

Key Points: 
  • We held cash and cash equivalents of RMB25.5 billion and short-term treasury investments of RMB82.0 billion as of June 30, 2022.
  • "During this quarter, Meituan continued to improve business quality and efficiency, and our various businesses delivered stable operating results in Q2," said Meituan Founder and CEO Xing Wang.
  • Meituan CFO Shaohui Chen said, "The ongoing pandemic has presented continuous challenges to every member of our ecosystem, including ourselves.
  • Meituan has 684.7 million Annual Transacting Users and 9.2 million Annual Active Merchants as of June 30, 2022.

WTTC launches major hotel sustainability initiative at its Global Summit in Manila

Retrieved on: 
Friday, April 22, 2022

LONDON, April 22, 2022 /PRNewswire/ -- The World Travel & Tourism Council (WTTC) has launched its 'Hotel Sustainability Basics,' a globally recognized and coordinated set of criteria that all hotels should implement as a minimum to drive responsible Travel & Tourism.

Key Points: 
  • The initiative was launched today at its prestigious Global Summit being held in Manila this week and will help every hotel address and improve their environmental impact.
  • WTTC's 'Hotel Sustainability Basics' provides the global hospitality sector with a baseline of positive actions to be taken to ensure they meet at least the minimum sustainability requirements.
  • This provides a clear starting point for all stakeholders and will ensure the minimum level of sustainability is achieved across the global hotel industry.
  • To read more about the Hotel Sustainability Basics initiative, please click here

Meituan Announces Financial Results for the Year Ended December 31, 2021

Retrieved on: 
Friday, March 25, 2022

Starting from the fourth quarter of 2021, we separately disclosed the food delivery services revenue to reflect this new fee structure in our financial results.

Key Points: 
  • Starting from the fourth quarter of 2021, we separately disclosed the food delivery services revenue to reflect this new fee structure in our financial results.
  • For the twelve months ended December 31, 2021, around 5.27 million food delivery couriers earned income through our Meituan platform.
  • Meituan Instashopping delivered another stellar growth in 2021, with highest daily order volume exceeding 6.3 million in December 2021.
  • Meituan has 690.5 million Annual Transacting Users and 8.8 million Annual Active Merchants as of December 31, 2021.

Meituan Announces Financial Results for the Three Months Ended September 30, 2021

Retrieved on: 
Friday, November 26, 2021

HONG KONG, Nov. 26, 2021 /PRNewswire/ -- Meituan (HKG: 3690) (the "Company"), China's leading e-commerce platform for services, today announced the unaudited consolidated results of the Company for the three months ended September 30, 2021.

Key Points: 
  • HONG KONG, Nov. 26, 2021 /PRNewswire/ -- Meituan (HKG: 3690) (the "Company"), China's leading e-commerce platform for services, today announced the unaudited consolidated results of the Company for the three months ended September 30, 2021.
  • We continued to achieve healthy growth in annual transacting users and annual active merchants," said Meituan Founder and CEO Xing Wang.
  • Meituan CFO Shaohui Chen said, "The national economy has entered into a new phase in which high-quality development will be prioritized.
  • Meituan has 667.5 million Annual Transacting Users and 8.3 million Annual Active Merchants as of September 30, 2021.

Meituan Announces Financial Results for the Three and Six Months Ended June 30, 2021

Retrieved on: 
Monday, August 30, 2021

In the second quarter of 2021, we continued to witness strong growth in the food delivery segment.

Key Points: 
  • In the second quarter of 2021, we continued to witness strong growth in the food delivery segment.
  • During the second quarter of 2021, GTV of our food delivery business increased by 59.5% year-over-year to RMB 173.6 billion.
  • Operating profit increased 95.2% to RMB2.4 billion in the second quarter of 2021, with operating margin further improving to 10.6% from 8.6%.
  • Meituan has 628.4 million Annual Transacting Users and 7.7 million Annual Active Merchants as of June 30, 2021.