As New Businesses Gather Steam, Will Meituan Deliver a Profit Next Year? 新業務漸見曙光 美團扭虧在明年？
Company’s older food delivery and in-store, hotel and travel businesses are faring well, but its cash-burning new businesses dragged it into the red last year. 美團送餐與到店、酒店及旅遊業務漸上軌道，但新業務錄得鉅虧，拖累公司去年未能獲利。
Bamboo Works (official website) provides news on Chinese companies listed in Hong Kong and the United States, with a strong focus on mid-cap and also pre-IPO companies.