Food delivery workers of Chinese online on-demand services giant Meituan Dianping attend a morning briefing in Beijing. Photo: Agence France-Presse
Losses widen at Tencent-backed on-demand services provider Meituan Dianping
- Meituan’s net loss widened 57 per cent to 3.4 billion yuan (US$508 million) in the December quarter
- Meituan says its loss-making bike-rental unit Mobike will pull out from most of its overseas markets
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Food delivery workers of Chinese online on-demand services giant Meituan Dianping attend a morning briefing in Beijing. Photo: Agence France-Presse