Lates News

Meituan released its second quarter financial report for 2025 with revenue of 91.84 billion yuan, a year-on-year increase of 11.7%; adjusted net profit was 1.493 billion yuan, a year-on-year decrease of 89%. Faced with industry competition, Meituan's core local business remains steady, with its flash sale business as a highlight, experiencing a two-fold increase in high-end product transactions during the "618" period. The internationalization progress is significant, with Keeta entering multiple countries in the Middle East and planning to expand into the Brazilian market. Meituan continues to increase investment in research and development and rider protection, emphasizing quality of service in response to internal competition and driving sustained growth in the long term.