Meituan reports Q3 revenue up 22% YoY to ~$10.7B, narrowly beating est., and net income up nearly 3x to ~$507M, boosted by strong Chinese travel demand (Sarah Zheng/Bloomberg)

November 28, 2023

4

[ad_1]

Sarah Zheng / Bloomberg:

Meituan reports Q3 revenue up 22% YoY to ~$10.7B, narrowly beating est., and net income up nearly 3x to ~$507M, boosted by strong Chinese travel demand — Meituan recorded a third straight quarter of profit, after strong travel demand helped the food delivery giant defy slowing growth …

[ad_2]

Source link

Previous article

Luxury hotel, $12,000 plane tickets: a senior official even had her baggage porter reimbursed

Next article

Battery sector | A lost factory, immediately replaced?

Latest