Meituan warns of US$3.5 billion loss amid intense food delivery price war
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Source: South China Morning Post
Published: 2026-02-14 01:15 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Military & Defence, Technology & AI, Food & Agriculture, War & Conflict
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Snippet:
Food delivery giant expects losses to continue into at least the first quarter of 2026 ‘due to ongoing competition’
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