Expansion StrategyMeituan remains committed to investing in international expansion to drive long-term revenue and earnings growth.
Financial PerformanceMeituan’s revenue reached RMB86.6bn, up 18.1% yoy, with adjusted net profit up 46.2% yoy, mainly due to better margin for the local commerce sector and efficient opex control.
Market PositionMeituan operates an extensive fulfilment network of approximately 7.5 million riders and over 9 million active merchants, contributing to its leading position in the online food delivery market.