Meituan: Sound Fundamentals Despite A Weak Macro Backdrop

Fanliso Summary I am positive on Meituan (OTCPK:MPNGF). My summarized thesis is that Meituan can continue to report robust growth in the coming years, supported by sound fundamentals and an eventual recovery in the macro environment. Notably, Meituan has shown that profitability can improve significantly, and this should drive stronger EBITDA growth ahead if margin expansion continues as I expected. Company overview Meituan is a platform that provides various services to consumers, including on-demand food ...