Net Profit: Meituan, the Chinese company, is expected to report a net profit of 3.35 billion Chinese yuan ($459.3 million) for the quarter ending June 30th. This is a significant improvement from a net loss of CNY1.12 billion during the same period last year. Revenue: Analysts estimate that Meituan's second-quarter revenue has increased by 31% compared to the previous year, … [Read more...] about Meituan’s Second-Quarter Results
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