Bloomberg:
Chinese language meal supply large Meituan stories Q2 income up 21% YoY to ~$11.6B, above $11.3B est., as its core enterprise expanded; its inventory is up ~25% in 2024 — The dominant participant in Chinese language meal supply reported income of 82.3 billion yuan ($11.6 billion) for the June quarter, in comparison with the 80.4 billion yuan projection.
