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Meituan's Market Value Falls Below HK$500 Billion
1 day ago /
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Author：小编
On February 13, the share price of Meituan-W continued to decline, trading at HK$81.200 by midday, a drop of 4.30%. Its total market value fell below HK$500 billion, reaching HK$496.293 billion. On the news front, Alibaba's core management team explicitly encouraged teams at an internal meeting in early 2026 to continue advancing Taobao's flash sales business, stating that there would be no profitability pressure for three years. The investment in 2026 will surpass that of last year, with a focus on the instant retail sector, aiming to surpass Meituan in market share.
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