In the first quarter, Meituan's revenue was 86.56 billion yuan, estimated at 85.44 billion yuan
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Meituan's revenue in the first quarter was RMB 86.56 billion, exceeding the estimated RMB 85.44 billion. The net profit was RMB 10.06 billion, compared to the estimate of RMB 8.63 billion. The adjusted net profit was RMB 10.95 billion, operating profit was RMB 10.57 billion, and gross profit was RMB 32.41 billion. The revenue from delivery services and commission income were RMB 25.72 billion and RMB 25.21 billion, respectively, both exceeding estimates
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