Meituan's latest financial results reveal a significant shift in its first-quarter performance for 2026.
The company reported revenue of 91.039 billion yuan, marking a 5.6% increase compared to the same period last year.
However, the quarter resulted in a net loss of 6.827 billion yuan, a stark contrast to the net profit of 10.057 billion yuan achieved in the first quarter of the previous year.
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