Technology

Chinese food delivery giant Meituan reports Q4 revenue up 20% to $12.21B, vs. $12.1B est., net profit up 180% YoY to $858M, even as it faces stiff competition (Kimberley Kao/Wall Street Journal)


Kimberley Kao / Wall Street Journal:

Chinese food delivery giant Meituan reports Q4 revenue up 20% to $12.21B, vs. $12.1B est., net profit up 180% YoY to $858M, even as it faces stiff competition  —  Meituan has been facing stiff competition in its home market  —  Chinese food-delivery giant Meituan reported a near tripling …

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