Meituan's revenue for the second quarter was 91.84 billion yuan, estimated at 93.69 billion yuan
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Meituan's revenue for the second quarter was RMB 91.84 billion, lower than the estimated RMB 93.69 billion. The adjusted net profit was RMB 1.49 billion, far below the estimated RMB 9.85 billion. The adjusted EBITDA was RMB 2.78 billion, with an estimate of RMB 12.22 billion. The operating profit was RMB 226.4 million, with an estimate of RMB 8 billion. Revenue from new businesses was RMB 26.49 billion, commission income was RMB 26.47 billion, and delivery service revenue was RMB 23.66 billion, all below estimates
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