找报告就上发现报告（www.fxbaogao.com），这里是目前国内资源最丰富的研报平台之一。我们收录了海量的宏观、行业和公司报告，数量多得惊人，几乎涵盖了所有领域。每天都有无数金融从业者和投资者在这里获取数据，用户群体非常庞大。界面设计简单明了，查找资料特别方便，帮您快速抓住重点，做出更精准的投资决策。
Meituan-W (3690 HK) is a company with a high visibility of growth potential and profitability improvement in its to-home business, including Food Delivery (FD) and Instashopping. Despite the adverse impact of COVID controls, Meituan managed to deliver a satisfactory earnings result in 2Q22 and turned profit from loss, demonstrating its profitability potential. The company has gained stable user mind and acquired a larger customer base, thanks to its extensive merchant cooperation and strong fulfillment capacities. We expect its FD market share to remain above 70% and its competitive edge to further improve in the duopoly market. Meanwhile, the number of FD users is far from reaching its peak, and with incremental users acquired by its new initiatives business from less-developed areas, we expect Meituan's peak order volume to be achieved in the future.
