Chinese food delivery giant Meituan beats Q4 estimates with 21.4% revenue jump

Chinese food delivery giant Meituan beats Q4 estimates with 21.4% revenue jump

Chinese food delivery giant Meituan posted a bigger-than-expected 21.4% rise in quarterly revenue on Friday as it fended off competition from powerful rivals such as Alibaba-backed Ele.me.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter