Meituan Records First Loss Since 2022 After Price War Toll
✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source
Meituan has recorded its first loss since 2022, with reports indicating that a price war has taken a toll on the company. The loss is described as a quarterly one by some outlets, but the specific timeframe is not universally agreed upon. The price war, reportedly related to food delivery, has had a negative impact on Meituan's financial performance.
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