Topic

#meituans

Every story tagged #meituans on RetailNews Asia: reporting, analysis and market signals from across Asian retail and e-commerce.

2 stories in this topic

E-Tailing

Mar 31, 20262 min read

Meituan’s Struggles Continue Amidst Food Delivery Frenzy: Can Signs of Easing Price War Restore Profits?

Meituan, the leading food delivery company in China, reported its second consecutive quarterly loss, slightly missing revenue growth forecasts. This comes after a year of aggressive, subsidy-intensive competition in China’s one-hour delivery market. Meituan’s…

Startups

Aug 28, 20252 min read

Meituan’s Profit Plummets Amid Intense Competition In China’s ‘instant Retail’ Sector

Meituan, China’s top food delivery company, has reported an 89 per cent decrease in its net profit during the second quarter. The company attributes this major drop to escalating competition in the ‘instant retail’ sector, which specializes in delivering…