{"id":154420,"date":"2025-05-26T16:11:14","date_gmt":"2025-05-26T09:11:14","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/meituan-revenue-jumps-18-in-first-quarter\/"},"modified":"2025-05-27T11:09:49","modified_gmt":"2025-05-27T04:09:49","slug":"meituan-revenue-jumps-18-in-first-quarter","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/meituan-revenue-jumps-18-in-first-quarter\/","title":{"rendered":"Meituan revenue jumps 18% in first quarter"},"content":{"rendered":"


\nChinese on-demand local services giant Meituan posted an 18.1 per cent year-on-year surge in revenue for the first quarter, as it seeks to maintain its dominant position on the mainland in the food delivery market amid new competition.
\nMeituan\u2019s revenue for the three months through March was 86.6 billion yuan (US$12 billion). Net profit reached 10.1 billion yuan, up 87.3 per cent year on year.
\nThe Beijing-based firm said in a statement that its instant commerce business, Instashopping,…
\n
\nSource : South China Morning Post
\nRead more…Meituan revenue jumps 18% in first quarter<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Chinese on-demand local services giant Meituan posted an 18.1 per cent year-on-year surge in revenue...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-154420","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-EaE","jetpack-related-posts":[{"id":154346,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-stocks-extend-drop-as-byd-meituan-pace-losses-amid-competition\/","url_meta":{"origin":154420,"position":0},"title":"Hong Kong stocks extend drop as BYD, Meituan pace losses amid competition","date":"May 27, 2025","format":false,"excerpt":"\r Hong Kong stocks erased gains amid concerns that escalating competition among China\u2019s leading carmakers and e-commerce operators will hurt margins and prompt investors to retreat. The Hang Seng Index fell 0.5 per cent to 23,171.51 at 11.30am local time on Tuesday, reversing an earlier gain of as much as\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":64524,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-vankes-first-half-profit-jumps-37pc\/","url_meta":{"origin":154420,"position":1},"title":"China Vanke\u2019s first-half profit jumps 37pc","date":"August 24, 2017","format":false,"excerpt":"\r China Vanke, the country\u2019s second largest homebuilder by sales, posted a 37 per cent rise in its first-half profit, benefitting from improved margin of its booked projects. Net profit grew to 7.3 billion yuan (US$1.1 billion) for the first six months, beating the HK$6.4 billion forecast of one analyst\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":83551,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/longfor-sets-200-billion-yuan-sales-target-as-core-profit-rises-by-a-quarter\/","url_meta":{"origin":154420,"position":2},"title":"Longfor sets 200 billion yuan sales target as core profit rises by a quarter","date":"March 23, 2018","format":false,"excerpt":"\r Longfor Properties, China\u2019s eighth largest developer by sales, set its 2018 sales target at 200 billion yuan after posting a 25.9 per cent increase in core net profit last year.\u00a0 The Beijing-based developer saw core net profit, which excludes valuation gains and foreign exchange losses, jump to 9.77 billion\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":64796,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrande-first-half-profit-jumps-832pc-on-strong-sales-lower-debt\/","url_meta":{"origin":154420,"position":3},"title":"China Evergrande first-half profit jumps 832pc on strong sales, lower debt","date":"August 28, 2017","format":false,"excerpt":"\r China Evergrande Group, the country\u2019s largest property developer by sales in 2016, reported first-half profit jumped 832 per cent to 18.8 billion yuan, in line with analysts\u2019 expectations, thanks to higher selling prices for its properties and a greater volume of sales booked during the period. A poll by\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":83367,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shui-on-shares-notch-biggest-weekly-gain-after-profit-beat-forecast-even-if-outlook-is-modest\/","url_meta":{"origin":154420,"position":4},"title":"Shui On shares notch biggest weekly gain after profit beat forecast, even if outlook is modest","date":"March 22, 2018","format":false,"excerpt":"\r Shares of Shui On Land, the Hong Kong developer that owns the landmark Shanghai shopping and entertainment district Xintiandi, jumped by their most in a week, after its 2017 profit and sales revenue beat forecasts. Net profit under general accounting rules more than doubled to 2.24 billion yuan, while\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":49112,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/country-garden-posts-better-than-expected-profit-up-22-per-cent\/","url_meta":{"origin":154420,"position":5},"title":"Country Garden posts better-than-expected profit, up 22 per cent","date":"March 22, 2017","format":false,"excerpt":"\r Country Garden, China\u2019s second largest developer, reported better-than-expected profit growth for 2016, driven by strong house sales in smaller cities. Core profit, which excludes valuation gains and foreign exchange losses, rose 22 per cent from a year earlier to 12 billion yuan, the company said in a statement to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/154420"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=154420"}],"version-history":[{"count":1,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/154420\/revisions"}],"predecessor-version":[{"id":154421,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/154420\/revisions\/154421"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=154420"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=154420"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=154420"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}