Digital EconomyMeituan is thriving in the digital economy, with increased online penetration supporting both food delivery and in-store business growth.
Financial PerformanceOperating loss in the new initiatives and others segment narrowed significantly by 55% year over year to Rmb2.2b, while operating margin improved 16.5 percentage points year over year.
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.