← Meituan overview

Meituan vs Advice It Infinite Pcl: why the prices moved differently

Weekly · monthly · quarterly news summaries, side by side in time

Meituan (3690.HK)

Q3 2026
▲2▼2

Meituan's subsidy war cools as Q2 profit returns, but Alibaba and JD keep fighting

  • New subsidy rules curb the cash-burning delivery war China's market regulator proposed 10 rules banning prolonged, large-scale subsidy wars in food delivery. Meituan has burned huge cash defending its share, so less forced discounting should improve its long-term profit per order, even though the shares dipped on the day.

    Regulation directly changes the competitive economics that have crushed Meituan's margins.

  • Alibaba bids $1.5B for Pupu, reigniting grocery-delivery rivalry Alibaba offered $1.5 billion for grocery delivery firm Pupu, months after Meituan agreed to buy Dingdong Fresh for $717 million. The bidding war shows rivals are again spending to win market share rather than protect profits, which pressures Meituan to keep investing.

    A direct competitive escalation that could reverse the profit-friendly subsidy truce.

  • JD.com stays aggressive in delivery despite calmer fight JD beat profit estimates as its food delivery losses narrowed, and still targets 30% of the instant-delivery market by year-end, double its starting share. Even with regulators warning against aggressive competition, JD's expansion keeps pressure on Meituan's share and pricing.

    Shows the competitive threat is structural, not fading, even as JD's losses shrink.

  • Record Q2 revenue and return to core profitability Meituan posted record quarterly revenue of RMB104.6 billion, up 14.4%, with adjusted net profit of RMB2.5 billion and core local commerce back in profit. It holds RMB168.3 billion cash and may sell investments worth over RMB70 billion to fund growth and returns.

    The clearest evidence yet that Meituan's core business can make money again.

July 2026
▲2▼2

Meituan's subsidy war cools as Q2 profit returns, but Alibaba and JD keep fighting

  • New subsidy rules curb the cash-burning delivery war China's market regulator proposed 10 rules banning prolonged, large-scale subsidy wars in food delivery. Meituan has burned huge cash defending its share, so less forced discounting should improve its long-term profit per order, even though the shares dipped on the day.

    Regulation directly changes the competitive economics that have crushed Meituan's margins.

  • Alibaba bids $1.5B for Pupu, reigniting grocery-delivery rivalry Alibaba offered $1.5 billion for grocery delivery firm Pupu, months after Meituan agreed to buy Dingdong Fresh for $717 million. The bidding war shows rivals are again spending to win market share rather than protect profits, which pressures Meituan to keep investing.

    A direct competitive escalation that could reverse the profit-friendly subsidy truce.

  • JD.com stays aggressive in delivery despite calmer fight JD beat profit estimates as its food delivery losses narrowed, and still targets 30% of the instant-delivery market by year-end, double its starting share. Even with regulators warning against aggressive competition, JD's expansion keeps pressure on Meituan's share and pricing.

    Shows the competitive threat is structural, not fading, even as JD's losses shrink.

  • Record Q2 revenue and return to core profitability Meituan posted record quarterly revenue of RMB104.6 billion, up 14.4%, with adjusted net profit of RMB2.5 billion and core local commerce back in profit. It holds RMB168.3 billion cash and may sell investments worth over RMB70 billion to fund growth and returns.

    The clearest evidence yet that Meituan's core business can make money again.

Latest
▲2▼2

Meituan's subsidy war cools as Q2 profit returns, but Alibaba and JD keep fighting

  • New subsidy rules curb the cash-burning delivery war China's market regulator proposed 10 rules banning prolonged, large-scale subsidy wars in food delivery. Meituan has burned huge cash defending its share, so less forced discounting should improve its long-term profit per order, even though the shares dipped on the day.

    Regulation directly changes the competitive economics that have crushed Meituan's margins.

  • Alibaba bids $1.5B for Pupu, reigniting grocery-delivery rivalry Alibaba offered $1.5 billion for grocery delivery firm Pupu, months after Meituan agreed to buy Dingdong Fresh for $717 million. The bidding war shows rivals are again spending to win market share rather than protect profits, which pressures Meituan to keep investing.

    A direct competitive escalation that could reverse the profit-friendly subsidy truce.

  • JD.com stays aggressive in delivery despite calmer fight JD beat profit estimates as its food delivery losses narrowed, and still targets 30% of the instant-delivery market by year-end, double its starting share. Even with regulators warning against aggressive competition, JD's expansion keeps pressure on Meituan's share and pricing.

    Shows the competitive threat is structural, not fading, even as JD's losses shrink.

  • Record Q2 revenue and return to core profitability Meituan posted record quarterly revenue of RMB104.6 billion, up 14.4%, with adjusted net profit of RMB2.5 billion and core local commerce back in profit. It holds RMB168.3 billion cash and may sell investments worth over RMB70 billion to fund growth and returns.

    The clearest evidence yet that Meituan's core business can make money again.

Advice It Infinite Pcl (ADVICE.BK)

Q3 2026
▲3

ADVICE rides record profit, iPhone 18 demand, and broker upgrades

  • Record Q2 profit and raised dividend ADVICE reported a record Q2 fiscal 2026 net profit of 137 million baht, up 83% year on year, beating estimates. Revenue hit a new high of 4.5 billion baht, and the company announced a first-half dividend of 0.23 baht per share. This strong result supports the stock price by showing the company is growing and returning cash to shareholders.

    This is a major new earnings event that directly boosts investor confidence and the stock's value.

  • iPhone 18 Pro Max bookings fully subscribed ADVICE said bookings for the iPhone 18 Pro Max filled their allocated quota and sold out quickly. The company expects Q3 2026 revenue to improve from Q2, driven by new smartphone models, and maintains a 15% revenue growth target for 2026. This drives the stock up because it signals strong consumer demand and higher sales ahead.

    This is a new, company-specific demand catalyst that directly supports future revenue and earnings.

  • Broker upgrades and top-pick status Krungsri Securities recommends buying ADVICE with an 8.40 baht target, forecasting 2026 profit up 65%. Daiwa Securities names ADVICE among its five top picks for October. Kasikorn Securities expects Q3 profit to surge 84% year on year and sets a target of 8.82 baht. These endorsements attract investors and push the price up.

    New analyst recommendations and targets provide fresh reasons for investors to buy the stock.

  • Strong Q3 sales but margin and growth may slow Krungsri notes Q3-to-date sales for IT retailers like ADVICE grew 15-20% year on year, helped by pull-forward purchases before the iPhone 18 launch. However, it warns post-launch sales growth may slow and the boost from low-cost inventory will fade, potentially slowing earnings growth in late 2026 and 2027. This creates some caution for the stock.

    This provides a balanced view, highlighting both current demand strength and future headwinds that could affect the stock.

September 2026
▲3

ADVICE rides record profit, iPhone 18 demand, and broker upgrades

  • Record Q2 profit and raised dividend ADVICE reported a record Q2 fiscal 2026 net profit of 137 million baht, up 83% year on year, beating estimates. Revenue hit a new high of 4.5 billion baht, and the company announced a first-half dividend of 0.23 baht per share. This strong result supports the stock price by showing the company is growing and returning cash to shareholders.

    This is a major new earnings event that directly boosts investor confidence and the stock's value.

  • iPhone 18 Pro Max bookings fully subscribed ADVICE said bookings for the iPhone 18 Pro Max filled their allocated quota and sold out quickly. The company expects Q3 2026 revenue to improve from Q2, driven by new smartphone models, and maintains a 15% revenue growth target for 2026. This drives the stock up because it signals strong consumer demand and higher sales ahead.

    This is a new, company-specific demand catalyst that directly supports future revenue and earnings.

  • Broker upgrades and top-pick status Krungsri Securities recommends buying ADVICE with an 8.40 baht target, forecasting 2026 profit up 65%. Daiwa Securities names ADVICE among its five top picks for October. Kasikorn Securities expects Q3 profit to surge 84% year on year and sets a target of 8.82 baht. These endorsements attract investors and push the price up.

    New analyst recommendations and targets provide fresh reasons for investors to buy the stock.

  • Strong Q3 sales but margin and growth may slow Krungsri notes Q3-to-date sales for IT retailers like ADVICE grew 15-20% year on year, helped by pull-forward purchases before the iPhone 18 launch. However, it warns post-launch sales growth may slow and the boost from low-cost inventory will fade, potentially slowing earnings growth in late 2026 and 2027. This creates some caution for the stock.

    This provides a balanced view, highlighting both current demand strength and future headwinds that could affect the stock.

Latest
▲3

ADVICE rides record profit, iPhone 18 demand, and broker upgrades

  • Record Q2 profit and raised dividend ADVICE reported a record Q2 fiscal 2026 net profit of 137 million baht, up 83% year on year, beating estimates. Revenue hit a new high of 4.5 billion baht, and the company announced a first-half dividend of 0.23 baht per share. This strong result supports the stock price by showing the company is growing and returning cash to shareholders.

    This is a major new earnings event that directly boosts investor confidence and the stock's value.

  • iPhone 18 Pro Max bookings fully subscribed ADVICE said bookings for the iPhone 18 Pro Max filled their allocated quota and sold out quickly. The company expects Q3 2026 revenue to improve from Q2, driven by new smartphone models, and maintains a 15% revenue growth target for 2026. This drives the stock up because it signals strong consumer demand and higher sales ahead.

    This is a new, company-specific demand catalyst that directly supports future revenue and earnings.

  • Broker upgrades and top-pick status Krungsri Securities recommends buying ADVICE with an 8.40 baht target, forecasting 2026 profit up 65%. Daiwa Securities names ADVICE among its five top picks for October. Kasikorn Securities expects Q3 profit to surge 84% year on year and sets a target of 8.82 baht. These endorsements attract investors and push the price up.

    New analyst recommendations and targets provide fresh reasons for investors to buy the stock.

  • Strong Q3 sales but margin and growth may slow Krungsri notes Q3-to-date sales for IT retailers like ADVICE grew 15-20% year on year, helped by pull-forward purchases before the iPhone 18 launch. However, it warns post-launch sales growth may slow and the boost from low-cost inventory will fade, potentially slowing earnings growth in late 2026 and 2027. This creates some caution for the stock.

    This provides a balanced view, highlighting both current demand strength and future headwinds that could affect the stock.

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