Meituan Returns to Profit as China’s Delivery Price War Cools
美团价格战降温,第二季度扭亏为盈
Meituan, China’s food delivery giant, returned to profit in the second quarter as fierce price competition eased. Revenue rose 14.4% year on year to 104.6 billion yuan, beating market expectations. Adjusted net profit reached 2.16 billion yuan, reversing a 4.97 billion yuan loss in the first quarter. Analysts say reduced discounts and a more stable market helped improve profitability.
中国外卖巨头美团第二季度重新实现盈利,主要受激烈价格竞争降温推动。公司营收同比增长14.4%,达到1046亿元,超过市场预期。调整后净利润为21.6亿元,扭转了第一季度49.7亿元的亏损。分析人士认为,补贴减少和市场趋于稳定帮助美团改善了盈利能力。
美团
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