China's top food delivery firm Meituan's revenue in line with estimates
Meituan, China's largest food delivery firm, reported fourth-quarter revenue of 88.5 billion yuan, slightly above analysts’ estimates, amid muted consumer spending. The company plans to invest in AI and autonomous delivery technologies and will provide social security benefits to full-time and stable part-time riders from 2025.
Meituan, China's largest food delivery firm, reported fourth-quarter revenue of 88.5 billion yuan, slightly above analysts’ estimates, amid muted consumer spending. The company plans to invest in AI and autonomous delivery technologies and will provide social security benefits to full-time and stable part-time riders from 2025.
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