Meituan Q1 Earnings Highlight Profitability Focus
Meituan's Q1 2019 report reveals a 70% year-over-year revenue growth during the off-season, with its food delivery market share climbing to 64.6%. By optimizing monetization rates and gross margins, alongside stringent control over selling expenses, Meituan significantly narrowed its adjusted losses. Notably, the company achieved its first-ever quarterly adjusted EBITDA profitability, demonstrating robust market resilience and operational efficiency.








