Tracy Qu / Wall Street Journal:

Meituan reports Q1 revenue up 5.6% YoY to ~$13.5B, above ~$13.4B est., and a ~$1B net loss, its third straight quarter of losses amid a food delivery price war  —  Meituan remains locked in a battle for supremacy with Alibaba Group and JD.com  —  Meituan , China's top food-delivery company …

Tracy Qu / Wall Street Journal:

Meituan reports Q1 revenue up 5.6% YoY to ~$13.5B, above ~$13.4B est., and a ~$1B net loss, its third straight quarter of losses amid a food delivery price war  —  Meituan remains locked in a battle for supremacy with Alibaba Group and JD.com  —  Meituan , China's top food-delivery company …

Source: TechMeme
Source Link: https://www.techmeme.com/260601/p20#a260601p20