The logo of Meituan is seen on insulated boxes fastened on its food delivery couriers’ motorcycles in the central business district of Beijing. Photo: Reuters
The logo of Meituan is seen on insulated boxes fastened on its food delivery couriers’ motorcycles in the central business district of Beijing. Photo: Reuters
Apps

Meituan’s third-quarter sales rise as antitrust clouds gather over China’s internet giants

  • Meituan reported a 28.8 per cent increase in third-quarter revenue on the back of its main food delivery operations
  • The Beijing-based company said food delivery typically has its peak season in terms of order volume during the summer

The logo of Meituan is seen on insulated boxes fastened on its food delivery couriers’ motorcycles in the central business district of Beijing. Photo: Reuters
The logo of Meituan is seen on insulated boxes fastened on its food delivery couriers’ motorcycles in the central business district of Beijing. Photo: Reuters
READ FULL ARTICLE