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Chinese food-delivery giant Meituan 3690 3.26% reported a near tripling of fourth-quarter profit as revenue jumped, continuing its run of strong earnings even as it faces fierce competition and a ...
SHANGHAI, Aug 28 (Reuters) - Chinese food delivery giant Meituan (3690.HK), opens new tab posted a bigger than expected 21% rise in second-quarter revenue on Wednesday, defying a slowing Chinese ...
SHANGHAI, Nov 29 (Reuters) - China's largest food delivery firm Meituan (3690.HK) posted a bigger-than-expected 22.4% rise in third-quarter revenue on Friday, defying sluggish Chinese consumption.
The Chinese tech company said net profit was 4.69 billion yuan ($644.4 million) for the quarter ended June, compared with a net loss of CNY1.12 billion a year earlier.
Chinese video streamer iQiyi reported increased profits in the first quarter of the year, derived from lower revenue. The company, which is NASDAQ-listed but majority owned by Chinese tech giant ...