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forbes.com
🌐 85% Global Worthiness
Meituan Q1 Earnings Beat Expectations Amidst Intensified Food Delivery Competition
Meituan's Q1 2025 earnings beat expectations, with revenue up 18.1% to RMB 86.56B and adjusted net income up 46.2% to RMB 10.95B, driven by strong Insta-shopping sales and a planned RMB 100B investment in food delivery subsidies over three years, amidst increased competition from JD.com and Alibaba.
Meituan Q1 Earnings Beat Expectations Amidst Intensified Food Delivery Competition
Meituan's Q1 2025 earnings beat expectations, with revenue up 18.1% to RMB 86.56B and adjusted net income up 46.2% to RMB 10.95B, driven by strong Insta-shopping sales and a planned RMB 100B investment in food delivery subsidies over three years, amidst increased competition from JD.com and Alibaba.
Progress
36% Bias Score
Decent Work and Economic Growth
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