Meituan reports Q1 revenue up 25% YoY to ~$10.1B and profit up ~60% YoY to ~$745M, boosted by gains from its core local commerce operations led by food delivery (Ben Jiang/South China Morning Post)
Ben Jiang / South China Morning Post: Meituan reports Q1 revenue up 25% YoY to ~$10.1B and profit up ~60% YoY to ~$745M, boosted by gains from its core local commerce operations led by food delivery — - Meituan reported better-than-expected earnings in March quarter, with revenue of US$10.1 billion and profit of US$745 million
![Meituan reports Q1 revenue up 25% YoY to ~$10.1B and profit up ~60% YoY to ~$745M, boosted by gains from its core local commerce operations led by food delivery (Ben Jiang/South China Morning Post)](https://technetspot.com/uploads/images/202406/image_750x_666457e51a2ce.jpg)
![](http://www.techmeme.com/240607/i23.jpg)
Ben Jiang / South China Morning Post:
Meituan reports Q1 revenue up 25% YoY to ~$10.1B and profit up ~60% YoY to ~$745M, boosted by gains from its core local commerce operations led by food delivery — - Meituan reported better-than-expected earnings in March quarter, with revenue of US$10.1 billion and profit of US$745 million
What's Your Reaction?
![like](https://technetspot.com/assets/img/reactions/like.png)
![dislike](https://technetspot.com/assets/img/reactions/dislike.png)
![love](https://technetspot.com/assets/img/reactions/love.png)
![funny](https://technetspot.com/assets/img/reactions/funny.png)
![angry](https://technetspot.com/assets/img/reactions/angry.png)
![sad](https://technetspot.com/assets/img/reactions/sad.png)
![wow](https://technetspot.com/assets/img/reactions/wow.png)