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Meituan Posts $2.3B Loss as Instant Commerce Competition Intensifies

Benzinga

Benzinga·Feb 17·Bamboo Works

Meituan Posts $2.3B Loss as Instant Commerce Competition Intensifies

Meituan posted a $2.3B Q4 loss amid intense instant commerce competition with Alibaba and JD.com. Losses expected to continue through 2026.

BABAMPNGYJDinstant commercemarket competition