Meituan Dianping Ord Cl B (MPNGF) Q3 2025 Earnings Call

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Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:05.459 Thank you for standing by and welcome to the Mituan Third Quarter 2025 Earnings Conference 00:00:05.459 -- 00:00:07.062 Call. 00:00:07.062 -- 00:00:10.046 All participants are in a listen-only mode. 00:00:10.046 -- 00:00:13.231 There will be a presentation followed by a question and answer session. 00:00:13.231 -- 00:00:18.459 If you wish to ask a question, you will need to press the star key followed by the number 00:00:18.459 -- 00:00:23.788 one on your telephone keypad. I would now like to hand the conference over to Scarlett 00:00:23.788 -- 00:00:28.993 Zhu, VP and Head of Capital Markets. Please go ahead. 00:00:29.782 -- 00:00:33.167 Thank you, Teresa. Good evening and good morning, everyone. 00:00:33.167 -- 00:00:37.233 Welcome to our third quarter of 2025 earnings conference call. 00:00:37.233 -- 00:00:40.879 Joining us today are Mr. Hsing Wang, Chairman and CEO, and Mr. 00:00:40.879 -- 00:00:44.825 Xiao Hui Chen, Senior Vice President and CFO of Meituan. 00:00:44.825 -- 00:00:49.732 For today's call, management will first provide a review of our third quarter of 2025 00:00:49.732 -- 00:00:54.800 results and then conduct a Q&A session. Before we start, we would like to 00:00:54.800 -- 00:00:58.688 remind you that our presentation contains forward-looking statements. 00:00:58.688 -- 00:01:03.856 which include a number of risks and uncertainties and may differ from actual results 00:01:03.856 -- 00:01:08.924 in the future. This presentation also contains an audited non-IFIS 00:01:08.924 -- 00:01:13.971 accounting standards, financial measures that should be considered in addition to and 00:01:13.971 -- 00:01:19.139 not as a substitute for measures of the company's financial performance prepared in accordance 00:01:19.139 -- 00...