Rate Of Return
CommemorativeMeituan lost 26 billion for the full year. The market's current pricing for Meituan is very reasonable, and even lower would be reasonable.
In the absence of Taobao's flash sales, Meituan's annual profit from food delivery is roughly 30 billion. That is to say, the total profit margin for the entire Chinese market in core businesses like food delivery and flash sales is only about 40 billion.
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