Reading List
Meituan reports Q4 revenue up 4.1% YoY to ~$13.3B and a ~$2.2B adjusted net loss, vs. ~$1.9B est., amid an intense food delivery fight with Alibaba and JD.com (Luz Ding/Bloomberg) from Techmeme RSS feed.
Meituan reports Q4 revenue up 4.1% YoY to ~$13.3B and a ~$2.2B adjusted net loss, vs. ~$1.9B est., amid an intense food delivery fight with Alibaba and JD.com (Luz Ding/Bloomberg)
Luz Ding / Bloomberg:
Meituan reports Q4 revenue up 4.1% YoY to ~$13.3B and a ~$2.2B adjusted net loss, vs. ~$1.9B est., amid an intense food delivery fight with Alibaba and JD.com — Meituan expects losses per delivery order to start narrowing in the current quarter, as Chinese officials rein in its intense competition …