meituan

Meituan's Loss Warning Sparks $27 Billion Rout Across China Internet Sector

Shares in Meituan plunged as much as 13% in Hong Kong, their sharpest intraday drop since April, before paring some losses. Alibab

Meituan reported profit of RMB365.3 million ($51 million) for the quarter ended June 30, representing a year-over-year (YoY) fall