Meituan Dianping (HK:3690) has released an update.
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Meituan reported a remarkable financial performance for the third quarter of 2024, with revenues surging by 22.4% year-over-year to RMB 93.58 billion. The company’s operating profit soared by 307.5%, reaching RMB 13.69 billion, while the net profit also increased significantly by 258.0%. This robust growth is attributed to the strong performance across its core commerce, delivery services, and new initiatives.
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