Meituan

Meituan

2026-09-26 02:26:07

Meituan rolls out LongCat-2.5 Preview with native multimodal support for long-horizon agent tasks

Meituan has launched LongCat-2.5-Preview, expanding its LongCat model line with native multimodal capabilities and a focus on long-horizon agent workloads. The preview keeps the same core scale disclosed for LongCat-2.0, including 1.6T total parameters, about 48B activated parameters, and a 1M-token context window, while extending execution to longer task chains across terminals, browsers, desktop software, spreadsheets, and design tools. The model is now available through Meituan’s official API and is compatible with both OpenAI and Anthropic interfaces. Meituan said the maximum output length is 128K tokens. It also published integration methods for Codex, OpenCode, OpenClaw, and CatPaw, which means existing agent tools can call the model directly. For rollout, Meituan is granting 5 million free tokens to existing users so they can test the new model, while current token packages remain valid. The company has not yet released benchmark data for LongCat-2.5, and there is still no public comparison showing how much GUI operations and long-process task performance have improved.

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Hong Kong sto

2026-09-10 04:14:42

Hong Kong stocks slipped in morning trade, with Hang Seng down 1.29%

Hong Kong stocks traded lower in the morning session, according to market data cited by ChainCatcher from Gate. The Hang Seng Index closed the morning down 1.29%, while the Hang Seng Tech Index fell 2.07%. Market turnover reached HK$105.86 billion. Sector moves were mixed. Application software and power equipment shares saw a pullback, while printing and packaging and storage-related names led gains. Among individual stocks, Zhipu fell nearly 8%, MiniMax dropped nearly 7%, and NIO declined nearly 5%. Alibaba and Meituan both lost more than 3%. On the upside, China Unicom rose more than 2.5%, while China Life Insurance and Hua Hong Semiconductor each gained 2%.

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Hong Kong sto

2026-09-04 02:02:59

Hong Kong AI Stocks Surge: MINIMAX Up Over 8%, Xunce Up Over 7%

On September 4, according to Bitget market data, Hong Kong-listed artificial intelligence stocks strengthened. MINIMAX-W (00100.HK) rose over 8%, Xunce (03317.HK) rose over 7%, and other stocks such as Kingsoft Cloud, Baidu, JD.com, and Meituan followed the gains.

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Meituan

2026-08-28 09:01:39

Meituan Q2 Revenue Up 14.4% to RMB104.643B, Adjusted Net Profit RMB2.524B

Meituan reported unaudited results for the three and six months ended June 30, 2026. Second-quarter revenue reached RMB104.643 billion, up 14.4% year over year. Operating profit was RMB2.691 billion, profit for the period RMB2.155 billion, up 490.0%, while adjusted EBITDA came in at RMB4.098 billion, or 3.9% of revenue, up 47.3%. Adjusted net profit was RMB2.524 billion, or 2.4% of revenue, up 69.0%. Core local commerce revenue rose 10.1% to RMB71.531 billion, with operating profit of RMB5.668 billion and a margin of 7.9%; new initiatives generated RMB33.112 billion in revenue but posted an operating loss of RMB1.739 billion. Net operating cash inflow for the quarter was RMB9.7 billion. In the first half, revenue climbed 10.1% to RMB195.682 billion. The company recorded an operating loss of RMB3.779 billion and a period loss of RMB4.672 billion, with adjusted EBITDA of RMB1.049 billion and adjusted net loss of RMB2.444 billion. As of June 30, cash and cash equivalents stood at RMB104.7 billion, and short-term wealth management investments at RMB63.6 billion.

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Unitree Robot

2026-08-19 10:34:07

Unitree funding story retraced from early memo files to its rise as a consensus robotics bet

TechFlowPost’s elsewhere project has published an online exhibit tracing the funding history of Unitree Robotics through archived WeChat messages, investment memos, photos and videos from early backers. The materials show that founder Wang Xingxing received a RMB 2 million investment from Variables Capital in 2018, described as Unitree’s first institutional financing and the second investment after Yin Fangming. The records also revisit a period when fundraising was difficult, cash was tight, and Wang at one point used his own money to cover payroll. The exhibit lays out a multi-stage financing path. After early backing from Yin Fangming, Variables Capital, Anchuang Technology and Binhe Investment, firms including Sequoia China, Vertex Ventures, Shunwei Capital, Chuxin Capital and Matrix Partners China entered from 2019 onward. A turning point came before the 2024 Lunar New Year, when investors such as Meituan, Jinshi Investment and Source Code Capital joined Unitree’s B2 round. The story also includes internal assessments of Wang, 2020 operating metrics showing an 18-person company with RMB 11.8282 million in annual revenue, and investor notes that documented Unitree’s product focus, customer base and pricing against Boston Dynamics.

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Unitree

2026-08-19 02:28:31

Unitree opens on STAR Market with 629.44% jump; Meituan-linked holders sit on paper gain above 33.3 billion yuan

Unitree Technology began trading on China’s STAR Market on Aug. 19 and surged 629.44% at the open, according to a BlockBeats report citing Jin10. Based on the IPO price of 150.80 yuan per share, one winning online subscription lot sold at that level would generate a profit of 474,600 yuan. Using the same price basis, Meituan-linked entities are described as Unitree’s largest external shareholder group by stake. Through Hanhai Information, Chengdu Longzhu and Galaxy Z, the group holds about 35.1236 million shares in total, translating into an unrealized gain of more than 33.3 billion yuan. The report focuses on the first-day trading move and the scale of the paper profit tied to those holdings, without providing additional breakdowns beyond the combined share count and estimated gain.

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Binance

2026-08-14 10:34:33

Binance Lists Perpetual Contracts for Kuaishou, Meituan and Two Korea Semiconductor Leveraged ETF Products

Binance Futures has added four USDT-margined perpetual contract pairs on Aug. 11, according to an official announcement. The new listings are KUAISHOUUSDT, MEITUANUSDT, CSOPSKHYNIX2LUSDT and CSOPSAMSUNG2LUSDT. The first two track Kuaishou and Meituan, while the latter two are tied to leveraged products linked to South Korea semiconductor names through CSOP offerings listed in Hong Kong. Binance said Kuaishou and Meituan contracts support leverage of up to 20x. The two semiconductor ETF-related contracts support leverage of up to 10x. For all four contracts, the funding rate cap is set at +2%/-2%, with settlement every eight hours. The contracts also support Multi-Assets Mode. The exchange said CSOPSKHYNIX2LUSDT tracks the CSOP SK Hynix Daily (2x) Leveraged Product listed on the Hong Kong Stock Exchange under ticker 7709. CSOPSAMSUNG2LUSDT tracks the CSOP Samsung Electronics Daily (2x) Leveraged Product, listed under ticker 7747. Binance also warned that digital asset prices can be highly volatile and that futures trading carries elevated risk, which investors must bear themselves.

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Bybit

2026-08-11 07:35:30

Bybit Lists Four Stock Perpetuals: Kuaishou, Meituan, CSOP SK Hynix 2x and CSOP Samsung 2x

Bybit has listed four new stock perpetual contracts on its platform. The new instruments are Kuaishou (KUAISHOUUSDT), Meituan (MEITUANUSDT), the CSOP SK Hynix Daily Leverage (2x) product (CSOPSKHYNIX2LUSDT) and the CSOP Samsung Daily Leverage (2x) product (CSOPSAMSUNG2LUSDT). The Kuaishou and Meituan perpetuals support up to 25x leverage, while the two CSOP daily leverage products are capped at 20x leverage. Alongside the launch, Bybit is running a limited-time fee promotion across all four contracts, with limit order fees set at 0% and market order fees discounted to 50% of the usual rate. The listing expands Bybit's equity-linked derivatives suite with familiar Chinese tech names as well as two Korea-focused products from CSOP. Traders can already access these new markets on the exchange.

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