Meituan (MPNGY) Q3 2025 Earnings Call Transcript

News Room
By News Room 2 Min Read

Meituan (OTCPK:MPNGY) Q3 2025 Earnings Call November 28, 2025 6:00 AM EST

Company Participants

Scarlett Xu – VP, Head of Capital Markets & Joint Company Secretary
Xing Wang – Co-Founder, Chairman & CEO
Shaohui Chen – CFO & Senior VP

Conference Call Participants

Ronald Keung – Goldman Sachs Group, Inc., Research Division
Gary Yu – Morgan Stanley, Research Division
Kenneth Fong – UBS Investment Bank, Research Division
Thomas Chong – Jefferies LLC, Research Division
Ya Jiang – Citic Securities Co., Ltd., Research Division

Presentation

Operator

Thank you for standing by, and welcome to the Meituan Third Quarter 2025 Earnings Conference Call.

[Operator Instructions]

I would now like to hand the conference over to Scarlett Xu, VP and Head of Capital Markets. Please go ahead.

Scarlett Xu
VP, Head of Capital Markets & Joint Company Secretary

Thank you, operator. Good evening, and good morning, everyone. Welcome to our Third Quarter of 2025 Earnings conference call. Joining us today are Mr. Xing Wang, Chairman and CEO; and Mr. Shaohui Chen, Senior Vice President and CFO of Meituan. For today’s call, management will first provide a review of our third quarter of 2025 results and then conduct a Q&A session.

Before we start, we would like to remind you that our presentation contains forward-looking statements which include a number of risks and uncertainties and may differ from actual results in the future. This presentation also contains unaudited non-IFRS accounting standards financial measures that should be considered in addition to and not as a substitute for measures of the company’s financial performance prepared in accordance with IFRS Accounting Standards. For a detailed discussion of risk factors and non-IFRS accounting standard measures, please refer to disclosure documents in the IR section of our website.

Now I will turn the call over to Mr. Xing Wang.

Xing Wang
Co-Founder, Chairman & CEO

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