Written by T. K. Lin
Published on
10 Apr 2026
5 mins read
On March 26, Meituan released its results for the fourth quarter and full year of 2025. The filing showed full-year revenue of RMB 364.9 billion (USD 53.3 billion), up 8% year-on-year (YoY). Amid intense competition in commerce, particularly in food delivery, it reported a net loss of RMB 23.4 billion (USD 3.4 billion) and an operating loss of RMB 17 billion (USD 2.5 billion). Its core local commerce segment recorded an operating loss of RMB 6.9 billion (USD 1 billion), marking the company’s second consecutive operating loss.






