Rising costs for Meituan’s core food delivery business drove fourth quarter losses.
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Posted inThe Numbers
Meituan pared losses in Q1 as cost controls gain traction
Meituan’s Q1 results show that its more disciplined expansion strategy is paying off.
Posted inThe Numbers
Meituan Dianping posts Q2 profit bolstered by food delivery high season
Company CFO said that the company profitability was a seasonal phenomenon.
Posted inThe Numbers
Joy Capital closes over $700 million new fund for TMT and consumption
Luckin backer reloads for another round of startups.
