---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/100000000707613.md"
description: "Meituan core local commerce swung to an operating LOSS in Q1 while marketing spend jumped 51%. Douyin is genuinely eating their lunch in restaurant discovery and local services. This is not a temporary comp issue 😤 it looks structural."
datetime: "2026-06-02T02:37:27.000Z"
locales:
  - [en](https://longbridge.com/en/topics/100000000707613.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/100000000707613.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/100000000707613.md)
author: "[Yqh](https://longbridge.com/en/profiles/25747891.md)"
generator: "portal-rs"
---

# Meituan core local commerce swung to an operating …


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## Comments (1)

- **EP · 2026-06-02T03:01:49.000Z**: thanks for your summary.


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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**