Business ExpansionMeituan's rapid expansion of product categories, including late-night snacks and milk tea, is driving transaction volume in the food delivery model.
Cost ControlNarrower losses are expected in new initiatives, supported by the Keeta expansion in Saudi Arabia and cost-control efforts, countering previous market expectations.
Financial PerformanceMeituan's 4Q24 results were in line with expectations, with total revenue growing 20% year over year to Rmb88.5b.