SHANGHAI, Aug 27 (Reuters) - China's leading food delivery group Meituan (3690.HK), opens new tab posted an 89% drop in second-quarter adjusted net profit on Wednesday, hit by rising competition in ...
SHANGHAI, May 26 (Reuters) - China's leading food delivery group Meituan (3690.HK), opens new tab on Monday reported a 46% rise in first-quarter net profit but warned that the second quarter would ...
A wave of Chinese fast-food and beverage brands is entering the US, chasing growth abroad as competition and falling margins squeeze their home market.