How Costly is the Food Delivery War? MEITUAN-W's Q2 Net Profit Drops 89% Year-over-Year

Deep News
08/27

On August 27, MEITUAN-W released its Q2 2025 financial results, showing revenue of 91.8 billion yuan, an increase of 11.7% year-over-year, with adjusted net profit of 14.93 billion yuan, down 89% year-over-year. For the first half of 2025, MEITUAN-W recorded revenue of 178.398 billion yuan, up 14.7% year-over-year, with adjusted net profit of 124.42 billion yuan, down 41% year-over-year.

According to the financial report, MEITUAN-W's core local commerce segment achieved revenue of 65.347 billion yuan in Q2 2025, up 7.7% year-over-year, while new business revenue reached 26.493 billion yuan, up 22.8% year-over-year. In terms of operations, for the core local commerce segment, MEITUAN-W's instant retail daily order peak exceeded 150 million orders in Q2, with an average delivery time of 34 minutes across all delivery orders. The in-store business also continued to grow this quarter, with order volume increasing by over 40% year-over-year. In the new business segment, Keeta's order volume and GTV (Gross Transaction Value) continued to grow this quarter. In the Hong Kong market, Keeta helped expand the overall industry capacity; in the Middle East market, Keeta further expanded coverage to 20 cities in Saudi Arabia by the end of July and recently officially launched services in Qatar.

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10