Meituan posts second consecutive quarterly loss amid costly instant commerce battle
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Source: South China Morning Post
Published: 2026-03-26 21:22 UTC+10:00
Section: Chinese State Administration for Market Regulation
Factuality Score: 100
Opinion Category: Neutral
Topics: Technology & AI, Economy & Finance, China, Financial Markets, Food & Agriculture, Business & Economy, Asia Pacific
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Snippet:
The Beijing-based company had a challenging 2025 after local e-commerce giant JD.com jumped into food and grocery deliveries
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