~$855M

Meituan reports Q1 revenue up 25% YoY to $6.9B and a net loss up 18% YoY to ~$855M, after a 47% YoY increase in revenue from new businesses such as ride-hailing

Meituan reports Q1 revenue of $6.9B, up 25% YoY, and a net loss of ~$855M, after a 47% YoY increase in revenue from new businesses such as ride-hailing

Meituan's quarterly revenue grew 25%, after the Chinese food delivery titan withstood the economic fallout from coronavirus-related lockdowns in cities such as Shanghai.

Meituan reports Q1 revenue of $6.9B, up 25% YoY, and a net loss of ~$855M, propelled by a 47% YoY increase in revenue from new businesses such as ride-hailing

Meituan's quarterly revenue grew 25%, after the Chinese food delivery titan withstood the economic fallout from coronavirus-related lockdowns in cities such as Shanghai.