11 June 2024 | 8:06PM HKT Meituan (3690.HK): NDR highlights: Healthy core commerce growth; new US$2bn buyback program; Buy We hosted Meituan's Capital Markets team with investors on June 11. Investors' key focuses centered around food delivery order growth, in-store competition & margin, recovery trajectory, new initiative loss reduction, overseas expansion, etc. la % particular, we highlight: (1) business re-organization: views core പുറ്റ്‌ി commerce from an integrated perspective to capture all types of d ...