{"id":141405,"date":"2025-11-28T13:36:44","date_gmt":"2025-11-28T13:36:44","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=141405"},"modified":"2025-11-28T13:36:44","modified_gmt":"2025-11-28T13:36:44","slug":"meituan-swings-into-loss-in-milk-tea-subsidy-war-with-instant-commerce-rivals","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=141405","title":{"rendered":"Meituan swings into loss in \u2018milk tea\u2019 subsidy war with instant commerce rivals"},"content":{"rendered":"<p>Source: Tech &#8211; South China Morning PostChina\u2019s food-delivery giant Meituan swung to a deep quarterly loss, as a costly battle with Alibaba Group Holding\u2019s instant commerce business eroded margins and kept revenue growth modest.<br \/>\nThe Beijing-based company on Friday reported revenue of 95.5 billion yuan (US$13.3 billion) for the three months to September, up 2 per cent year on year, missing analysts&#8217; estimates of 97.5 billion yuan.<br \/>\nHowever, it booked an operating loss of 19.8 billion yuan, compared with a 13.7 billion yuan operating&#8230;<a href=\"https:\/\/www.scmp.com\/business\/china-business\/article\/3334568\/meituan-slides-loss-milk-tea-subsidy-war-instant-commerce-rival-alibaba?utm_source=rss_feed\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: Tech &#8211; South China Morning PostChina\u2019s food-delivery giant Meituan swung to a deep quarterly loss, as a costly battle with Alibaba Group Holding\u2019s instant commerce business eroded margins and&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[4],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/141405"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=141405"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/141405\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=141405"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=141405"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=141405"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}