Meituan's Profit Balloons in Q1

MT Newswires Live

2025/05/26

Meituan (HKG:3690) recorded a rise in attributable profit in the first quarter to 10.1 billion yuan from 5.37 billion yuan a year prior, a Monday filing with the Hong Kong bourse said.

The food delivery giant's revenue rose 18% to 86.6 billion yuan from 73.3 billion yuan in the year-ago period, mainly due to seasonality.

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