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MEITUAN-W Opens 5.8% Lower as Firm Building Information System to Pay Social Security for Riders
Recommend 11 Positive 25 Negative 14 |
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MEITUAN-W (03690.HK) opened 5.784% lower at $158, with 1.963 million shares traded, involving $310 million. The Group announced after market close yesterday that it has invested RMB1.4 billion to pay occupational injury premiums for a full range of riders in seven pilot provinces and cities since July 2022. The Group is currently building an information system related to social security for riders, and is expected to start implementing it in 2Q25 to gradually pay social security for full-time and stable part-time riders. AAStocks Financial News |
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