Meituan reported a second straight quarterly loss as heavy subsidies in China’s instant commerce fight with Alibaba and JD.com hurt margins.#Meituan #posts #straight #quarterly #loss
Meituan posts second straight quarterly loss
Meituan reported a second straight quarterly loss as heavy subsidies in China’s instant commerce fight with Alibaba and JD.com hurt margins.#Meituan #posts #straight #quarterly #loss