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[BUSINESS]■ STORY TIMELINE

MEITUAN POSTS $15.62B Q2 REVENUE, RETURNS TO PROFIT

Chinese food delivery giant Meituan reported Q2 revenue of 105 billion yuan ($15.62B), up 14.4% year-over-year, and posted an adjusted net profit of $372M, ending three consecutive quarters of losses.

1 SOURCEFIRST SEEN AUG 29, 04:55 AM► READ THE ARTICLE
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Ben Jiang / South China Morning Post: Meituan reports Q2 revenue up 14.4% YoY to $15.62B and adjusted net profit of $372…