Meituan earnings data is also quite good and it even rose after housing-loan stimulus policies were introduced. SouFun kept it up by pulling the stock up by $MEITUAN
It was announced today that the company released its 2026 second-quarter results. The financial report shows:
Revenue was 104.643 billion yuan (RMB, the same below), a year-over-year increase of 14.4%, compared with the market expectation of 101.079 billion yuan;
Adjusted net profit was 2.524 billion yuan, up 69% year over year, compared with the market expectation of 0.340 billion yuan;
Operating profit was 2.691 billion yuan, compared with the market expectation of a loss of 0.8459 billion yuan;
Core local commerce revenue was 71.531 billion yuan, compared with the market expectation of 68.584 billion yuan;
New business revenue was 33.112 billion yuan, compared with the market expectation of 32.525 billion yuan;
Research and development expenses were 7.67 billion yuan, compared with the market expectation of 7.24 billion yuan.
It was announced today that the company released its 2026 second-quarter results. The financial report shows:
Revenue was 104.643 billion yuan (RMB, the same below), a year-over-year increase of 14.4%, compared with the market expectation of 101.079 billion yuan;
Adjusted net profit was 2.524 billion yuan, up 69% year over year, compared with the market expectation of 0.340 billion yuan;
Operating profit was 2.691 billion yuan, compared with the market expectation of a loss of 0.8459 billion yuan;
Core local commerce revenue was 71.531 billion yuan, compared with the market expectation of 68.584 billion yuan;
New business revenue was 33.112 billion yuan, compared with the market expectation of 32.525 billion yuan;
Research and development expenses were 7.67 billion yuan, compared with the market expectation of 7.24 billion yuan.
