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Meituan reports third consecutive quarterly loss amid rivalry in food delivery
Meituan’s revenue in the three months ended March rose 5.6 per cent year on year to US$13.45 billion, according to its earnings release.
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Timeline cronologica
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Meituan reports third consecutive quarterly loss amid rivalry in food delivery
Meituan’s revenue in the three months ended March rose 5.6 per cent year on year to US$13.45 billion, according to its earnings release.
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How Meituan’s US$1b bets on AI, robotics outshine quarterly loss
Investment windfall provides cushion as core-business margins face intense pressure from battle with Alibaba Group Holding and JD.com.