Movement Alert｜Meituan-W Rises 3.89% in Regular Trading, AI Browser Tabbit 1.0 Official Launch Boosts Market Sentiment

Market Focus

Jun 10

On June 10, Meituan-W rose 3.89% in regular trading, trading at 80.2 HKD/share, with trading volume of 17.2 billion HKD. The rally was driven by the official launch of AI-native browser Tabbit 1.0 by Meituan's subsidiary Guangnian Zhiwai (GN06) team on June 9.

Tabbit 1.0 is positioned as a personal AI browser featuring multiple leading large language models including DeepSeek, Zhipu GLM, and Kimi, with support for Agent-driven automated execution of cross-webpage and cross-software tasks. During the public beta period since March, the product underwent over 100 feature updates, with Agent task success rate improving from 53.1% to 91.8%. Average monthly Token consumption per user reached 8.53 million, indicating high-frequency application in complex workflows.

Additionally, Soochow Securities maintained a Buy rating on Meituan on the same day, citing optimism toward core local commerce profit recovery and long-term overseas business potential.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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