Meituan Dianping Ord Cl B (MPNGF) Q1 2026 Earnings Call

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Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:05.657 Thank you for standing by and welcome to the Mechuan First Quarter 2026 Earnings 00:00:05.657 -- 00:00:09.762 Conference Call. All participants are in listen-only mode. 00:00:09.762 -- 00:00:13.606 There will be a presentation followed by a question and answer session. 00:00:13.606 -- 00:00:17.610 If you wish to ask a question, you will need to press the star key followed by the number 00:00:17.610 -- 00:00:22.175 one on your telephone keypad. I would now like to hand the conference over to Scarlett 00:00:22.175 -- 00:00:27.339 Xu, VP and Head of Capital Markets. Please go ahead. 00:00:28.282 -- 00:00:31.563 Thank you, Operator. Good evening and good morning, everyone. 00:00:31.563 -- 00:00:35.710 Welcome to our first quarter of 2026 earnings conference call. 00:00:35.710 -- 00:00:39.377 Joining us today are Mr. Xin Wang, Chairman and CEO, and Mr. 00:00:39.377 -- 00:00:43.064 Shao-Hui Chen, Senior Vice President and CFO of Meituan. 00:00:43.064 -- 00:00:48.293 For today's call, management will first provide a review of our first quarter of 2026 00:00:48.293 -- 00:00:53.404 results and then conduct a Q&A session. Before we start, We would like to remind you 00:00:53.404 -- 00:00:57.710 that our presentation contains forward-looking statements, which include a number of 00:00:57.710 -- 00:01:02.538 risks and uncertainties, and may differ from actual results in the future. 00:01:02.538 -- 00:01:07.926 This presentation also contains an audited non-IFIS accounting standards financial measures 00:01:07.926 -- 00:01:12.593 that should be considered in addition to and not as a substitute for measures of the 00:01:12.593 -- 00:01:17.360 company's financial performance prepared in accordance with IFIS 00:01:17.360 -- 00:01:22.661 accounting...