Business ExpansionMeituan is benefiting from the underpenetrated local life services market, with expected revenue growth in in-store, hotel, and travel segments.
Cost ManagementNarrower losses in new initiatives are expected, with a significant reduction in losses for Meituan Select due to cost control efforts.
Financial PerformanceMeituan's 4Q24 results were in line with expectations, with total revenue growing 20% year over year to Rmb88.5b.