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    Meituan snaps losing streak with profitable June quarter though Douyin threat looms

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    Source: South China Morning Post
    Published: 2026-08-28 19:10 UTC+10:00
    Section: General
    Factuality Score: 100
    Opinion Category: Neutral
    Topics: Technology & AI, Technology
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    Snippet:
    Revenue for the quarter rose 14.4 per cent year on year to 105 billion yuan, beating the consensus estimate of 101 billion yuan
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