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.
International ExpansionManagement shared promising progress on Meituan’s overseas expansion with Keeta, having expanded into more than 9 cities in Saudi Arabia and taking dominant market share in Hong Kong.
Operational StrengthMeituan operates an extensive fulfillment network of approximately 7.5 million riders and over 9 million active merchants, indicating a strong operational base.