Meituan reports Q4 revenue of $7.78B, up 31% YoY, and a net loss of $830M, amid weakening Chinese consumer spending and regulatory pressures (Jane Zhang/Bloomberg)

Jane Zhang / Bloomberg:

Meituan reports Q4 revenue of $7.78B, up 31% YoY, and a net loss of $830M, amid weakening Chinese consumer spending and regulatory pressures— Meituan’s revenue slowed for the third straight quarter after weakening Chinese consumer spending and regulatory pressures constrained its online food and travel businesses.