2020 “Yinhua Fund Cup” Sina bank financial planner competition, hot registration. From now on to September 7, you will receive free gift packages worth more than 700 yuan from Guan Qingyou, Luo Yuanshang, Chen Kaifeng and Jian Qi. < p > < p > on August 21, meituan review announced the second quarter and half year performance of 2020. According to the financial report, meituan’s operating revenue in the second quarter increased by 8.9% year-on-year to 24.7 billion yuan, which was 12.6% lower than that in the first quarter, and the growth rate of revenue returned to the “growth line”. < / P > < p > it is worth mentioning that while the catering delivery business is gradually picking up, meituan’s new business has performed well during the epidemic period. Among them, meituan’s purchase of vegetables achieved a quadruple growth in the second quarter. In addition, new businesses such as flash purchase and two rounds of sharing become the main investment direction of meituan in the future. However, it can also be noted that the loss of meituan’s new business expanded to 1.46 billion yuan. < / P > < p > “the epidemic has accelerated the digitization process of all walks of life, and let us see that the ability of long-term investment accumulation in the past is constantly creating greater value, and has strengthened the confidence to continue to invest in the future. Meituan will continue to increase investment in new business areas such as fresh retail and motorcycles in the future. ” Wang Xing, CEO of meituan, said. < p > < p > < p > < p > < p > the daily economic news reporter has noticed that, even under the impact of the epidemic, meituan’s share price has been increasing historically since this year. According to the lowest share price of HK $72.7 (closed on March 19), the stock price of meituan review has risen more than three times. Since the beginning of this year, meituan’s share price has also increased by nearly 2.4 times. As of August 21, meituan’s share price was HK $245.20, with a market value of HK $1.44 trillion. The revenue of catering takeout was 14.5 billion yuan, and the wine tour to the store decreased by 13.4% year on year. < / P > < p > meituan achieved better than expected performance in the second quarter, which was due to the recovery of the main business of catering delivery. According to the financial report, meituan’s catering delivery business revenue in the second quarter was 14.544 billion yuan, up 13.2% year-on-year, accounting for nearly 60% of the total revenue. According to the financial report, in the second quarter of 2020, the transaction amount of catering takeout business reached 108.8 billion yuan, an increase of 16.9% year-on-year. The daily average number of catering takeout transactions was 24.5 million, with a year-on-year increase of 6.9%. The average value of each catering delivery order increased by 9.4% year-on-year. The realization rate of catering delivery business decreased from 13.8% in the same period of 2019 to 13.4% in the second quarter of 2020. < / P > < p > on the merchant side, the demand for digital catering stimulated during the epidemic also brought new growth. According to the data, the number of new takeout brand merchants of meituan increased by 113% year-on-year in the second quarter. Among them, more than 4000 high-quality restaurant brands participated in the “618 takeout Festival”. The growth of brand merchants also led to the rise of unit price of takeout customers in this quarter. < p > < p > despite the recovery of food and beverage takeout, liquor travel and other businesses are still unable to fully get out of the negative impact of the epidemic. According to the financial report, in the second quarter of 2020, the revenue from stores, hotels and tourism businesses was 4.5 billion yuan, down 13.4% year-on-year. Operating profit was 1.9 billion yuan, down 11.9% year-on-year and 178.1% month on month. The operating profit margin was 41.6%, with a year-on-year increase of 0.7 percentage points and a month on month increase of 19.6 percentage points. At the same time, the number of domestic hotel rooms in the platform decreased by 17% year on year. However, the demand for short distance travel in the same city and local areas is growing day by day, and the cooperation with high star hotels is accelerated. In the second quarter of 2020, the income contribution of high-end hotels will further increase year on year. < p > < p > according to the financial report, the operating profit of the store, hotel and tourism business decreased by 11.9% from 2.1 billion yuan in the second quarter of 2019 to 1.9 billion yuan in the same period of 2020, mainly due to the decrease of commission and online marketing revenue, partially offset by the reduction of transaction user incentives and promotion and advertising expenses. During the outbreak of new business, fresh retail, two rounds of competition intensified < / P > < p > in recent years, new business has always been the focus of meituan. According to the financial report, meituan’s new business revenue in the second quarter was 5.6 billion yuan, up 22.1% year-on-year. During the epidemic period, the new business has become the second largest business of meituan review. But at the same time, losses on new businesses are also widening. However, in meituan’s planning, new business is more focused on long-term value. < p > < p > data shows that the operating loss of meituan’s new business in the second quarter of 2020 increased by 7.0% from 1.4 billion yuan in the first quarter of 2020 to 1.5 billion yuan in the second quarter of 2020; the operating profit margin improved by 6.8 percentage points from the negative value of 32.7% in the first quarter of 2020 to the negative value of 25.9% in the second quarter of 2020. The operating loss of new business decreased by 11.3%, while the operating profit margin improved by 9.8%. < p > < p > for the reasons for the expansion of losses, meituan said in the financial report, including the decrease of average order amount and the increase of business volume led to the increase of operating loss of meituan’s vegetable buying, and the increase of trading user’s incentive increased the loss of meituan’s flash purchase and online car Hailing service. < / P > < p > it is worth mentioning that meituan’s new business, meituan shopping, developed rapidly in the second quarter and achieved nearly four times of revenue growth. In addition to Beijing, Shenzhen and other cities, meituan shopping continues to develop new cities and has officially settled in Guangzhou. In addition, meituan optimization, which was just established in this quarter with urban community group buying as its main direction, has also become another new scene exploration in the field of local life services. < p > < p > in July, meituan issued an organization adjustment announcement, saying that it had set up a “preferred business division” to explore community fresh retail formats, which was considered to be officially entering the community group buying track, which once again ignited the fire of retail in the same city. Chen Shaohui, CFO of meituan, said: “the digital trend will bring more opportunities. We will adhere to the long-term concept and actively invest in new business areas with growth and long-term return. We believe that meituan’s first mover advantage in the local life service industry can better seize new opportunities, create collaborative value, and ultimately benefit merchants, users and ecological participants. ” < / P > < p > and in the sharing two rounds of business, meituan also continues to increase its investment in the field of bicycles and motorcycles. According to the financial report, meituan launched about 1.5 million new bicycles to replace old ones, and invested nearly 300000 motorcycles. < p > < p > meituan said that compared with traditional bicycles, E-bike is not only a new high-frequency offline consumption scene, but also provides a better user experience through the improvement of vehicle model and riding. Its high-frequency riding scene also forms a strong synergy effect with the platform. Wang Xing said in the financial report teleconference: “the high-frequency consumption scenario of sharing motorcycle business contains huge market opportunities, which has long-term strategic significance for meituan. Its more efficient average turnover rate will bring better unit economic benefits, showing the possibility of making profits in the short term. We believe that this business has a larger potential market and will increase We are committed to becoming a leader in this industry. ” However, whether it is fresh retail, online car Hailing or sharing two rounds of market, a new round of market competition among giants has been set off since 2020. In addition to the growth of business income, meituan’s new business is also facing strong competitors in various fields.