---
title: "Meituan 2025 Financial Report: Annual Revenue of 364.9 Billion Yuan, Core Local Business Loss of 6.9 Billion Yuan"
type: "News"
locale: "zh-HK"
url: "https://longbridge.com/zh-HK/news/280602456.md"
description: "Meituan released its 2025 financial report, with annual revenue of 364.9 billion yuan, a year-on-year increase of 8%. Affected by competition, the annual net loss was 23.4 billion yuan, with a core local business loss of 6.9 billion yuan. Meituan will continue to focus on the \"retail + technology\" strategy, emphasizing innovation and ecological health, maintaining over 60% market share in the takeaway sector, with R&D investment reaching 26 billion yuan to promote AI technology applications. Breakthrough progress has been made in grocery retail and international business"
datetime: "2026-03-26T09:38:02.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/280602456.md)
  - [en](https://longbridge.com/en/news/280602456.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/280602456.md)
---

> 支持的語言: [简体中文](https://longbridge.com/zh-CN/news/280602456.md) | [English](https://longbridge.com/en/news/280602456.md)


# Meituan 2025 Financial Report: Annual Revenue of 364.9 Billion Yuan, Core Local Business Loss of 6.9 Billion Yuan

On March 26, Meituan (03690) released its performance for the fourth quarter and the full year of 2025. The announcement showed that Meituan achieved annual revenue of 364.9 billion yuan (RMB, the same below), a year-on-year increase of 8%. Affected by the "involution" competition in the instant retail industry, Meituan's performance turned from profit to loss, with a net loss of 23.4 billion yuan for the year and an operating loss of 17 billion yuan. Among them, the core local commerce segment reported an operating loss of 6.9 billion yuan. In 2025, Meituan will continue to focus on the "retail + technology" strategy, emphasizing innovation and quality improvement as well as ecological health, solidifying its competitive advantage amid industry fluctuations. In the food delivery sector, Meituan maintained over 60% GTV market share with losses far lower than its competitors. In the technology sector, Meituan's R&D investment reached a new high, increasing by 23% year-on-year to 26 billion yuan, continuously promoting the application of AI technology in the physical world. In addition, Meituan's grocery retail and international business have both made breakthrough progress

### 相關股票

- [MEITUAN (03690.HK)](https://longbridge.com/zh-HK/quote/03690.HK.md)

## 相關資訊與研究

- [China to tighten controls on price wars, boost support for overseas expansion](https://longbridge.com/zh-HK/news/280611209.md)
- [Meituan Grants Over 6.3 Million RSUs Under Post-IPO Share Award Scheme](https://longbridge.com/zh-HK/news/273660930.md)
- [MedPal AI Wins Strong Shareholder Backing at AGM as It Expands AI Health Platform](https://longbridge.com/zh-HK/news/281501359.md)
- [Letter from the Editor Introducing AI Intelligence on American Banker](https://longbridge.com/zh-HK/news/281266312.md)
- [The artificial intelligence (AI) hype is fading, and that's creating the best buying opportunity of 2026](https://longbridge.com/zh-HK/news/281403515.md)