China food delivery firm Meituan posts second straight quarterly profit since listing

China food delivery firm Meituan posts second straight quarterly profit since listing

4 years ago
Anonymous $xdcOWPpsb_

https://www.reuters.com/article/us-meituan-dianping-results/china-food-delivery-firm-meituan-posts-second-straight-quarterly-profit-since-listing-idUSKBN1XV10L

Chinese food delivery giant Meituan Dianping beat market expectations to record a 44% jump in third-quarter revenue and post a second straight quarterly profit, as it gained market share and cemented its dominance in the business.