As New Businesses Gather Steam, Will Meituan Deliver a Profit Next Year? 新业务渐见曙光 美团扭亏在明年？
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. 美团送餐与到店、酒店及旅游业务渐上轨道，但新业务录得巨亏，拖累公司去年未能获利。
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.