Meituan reports third consecutive quarterly loss as rivalry in food delivery hits margins
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Source: South China Morning Post
Published: 2026-06-01 19:14 UTC+10:00
Section: Hong Kong
Factuality Score: 92
Opinion Category: Neutral
Topics: Technology & AI, China, Financial Markets, Food & Agriculture, Technology
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Snippet:
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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