
Sarah Zheng / Bloomberg:
Meituan reports Q3 revenue up 22% YoY to ~$10.7B, narrowly beating est., and net income up nearly 3x to ~$507M, boosted by strong Chinese travel demand — Meituan recorded a third straight quarter of profit, after strong travel demand helped the food delivery giant defy slowing growth …

Sarah Zheng / Bloomberg:
Meituan reports Q3 revenue up 22% YoY to ~$10.7B, narrowly beating est., and net income up nearly 3x to ~$507M, boosted by strong Chinese travel demand — Meituan recorded a third straight quarter of profit, after strong travel demand helped the food delivery giant defy slowing growth …
Source: TechMeme
Source Link: http://www.techmeme.com/231128/p10#a231128p10