Meituan: Loss of 23.4 billion yuan in 2025

2026-03-27 19:13:33

People’s Financial News, March 26 - Meituan announced on the Hong Kong Stock Exchange that revenue in 2025 is expected to grow by 8.1% year-on-year to 364.9 billion yuan. The loss for 2025 is projected to be 23.4 billion yuan, compared to a profit of 35.8 billion yuan in the same period last year. Due to intensified industry competition, the operating profit of the core local commerce segment is expected to decline significantly year-on-year, turning into an operating loss of 6.9 billion yuan. Meanwhile, due to increased investment in overseas operations, the operating loss of the new business segment is expected to widen year-on-year to 10.1 billion yuan.

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