BRIEF: Meituan profit doubles on improving efficiencies
Online-to-offline services provider Meituan (3690.HK) said on Wednesday its revenue grew 21% year-on-year to 82.3 billion yuan ($11.5 billion) in the second quarter, while its profit for the period jumped…
Meituan prepares for overseas voyage with CEO Wang Xing as captain
The online-to-offline service provider’s founder will personally lead his company’s global pivot, hoping to imitate the success of other Chinese internet majors Key Takeaways: Meituan is launching a major restructuring…
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