Meituan reports Q4 revenue up 21.4% YoY to ~$8.67B, above ~$8.4B estimates, and a ~$157M loss; core local commerce revenue grew 17.4% YoY to ~$6.3B (Casey Hall/Reuters)
Meituan reports Q4 revenue up 21.4% YoY to ~$8.67B, above ~$8.4B estimates, and a ~$157M loss; core local commerce revenue grew 17.4% YoY to ~$6.3B (Casey Hall/Reuters) https://bit.ly/3LQl4I0
Casey Hall / Reuters:
Meituan reports Q4 revenue up 21.4% YoY to ~$8.67B, above ~$8.4B estimates, and a ~$157M loss; core local commerce revenue grew 17.4% YoY to ~$6.3B — Chinese food delivery giant Meituan (3690.HK) posted a bigger-than-expected 21.4% rise in quarterly revenue on Friday as it fended off competition …
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