Logo 28 Nov 2022

Meituan beats earnings

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You know who's not getting kicked in the teeth by zero-Covid?

Meituan, that's who.

On Friday, China's domestic media was full of chatter about the company's better-than-expected Q3 earnings report on Friday:

Revenue amounts to RMB 62.6 billion, up 28.2% y/y.  
Net profits were RMB 1.2...