Bloomberg:

Chinese meal delivery giant Meituan reports Q2 revenue up 21% YoY to ~$11.6B, above $11.3B est., as its core business expanded; its stock is up ~25% in 2024  —  The dominant player in Chinese meal delivery reported revenue of 82.3 billion yuan ($11.6 billion) for the June quarter, compared to the 80.4 billion yuan projection.

Bloomberg:

Chinese meal delivery giant Meituan reports Q2 revenue up 21% YoY to ~$11.6B, above $11.3B est., as its core business expanded; its stock is up ~25% in 2024  —  The dominant player in Chinese meal delivery reported revenue of 82.3 billion yuan ($11.6 billion) for the June quarter, compared to the 80.4 billion yuan projection.

Source: TechMeme
Source Link: http://www.techmeme.com/240828/p5#a240828p5