Meituan Dianping expects lessons from the coronavirus pandemic to help better cultivate consumer habits, accelerate online penetration and improve the operational efficiencies of merchants. Photo: Reuters
Food delivery giant Meituan Dianping posts quarterly revenue decline amid Covid-19 disruptions
- Meituan reported lower first-quarter revenue and a wider net loss from a year ago
- It warned that factors such as ongoing pandemic precautions and decline in offline consumption would continue to affect its business performance
Topic |
E-commerce
Meituan Dianping expects lessons from the coronavirus pandemic to help better cultivate consumer habits, accelerate online penetration and improve the operational efficiencies of merchants. Photo: Reuters
