Meituan reported Q3 loss of $ 1.57B for the fourth consecutive quarter on revenue of 6 7.6B. Its core food delivery business posted revenue of 4.14B, up 28% (Brenda Goh / Routers)


Brenda Goh / Reuters:

Meituan reported Q3 loss of $ 1.57B for the fourth consecutive quarter on revenue of 6 7.6B. Its core food delivery business posted revenue of $ 4.14B, up 28%– Chinese food delivery company Meituan (3690.HK) reported its fourth consecutive quarterly loss on Friday, as it invested heavily in expanding its various businesses.

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