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Meituan’s Q3 financial report has been released, what do you think?
Meituan
joined discussion · Nov 30, 2020 21:05 ·

Meituan released Q3 results: regain positive growth and continue to create value

On November 30th, Meituan released the results for the third quarter of 2020. Thanks to the strong resilience and vitality of China's economy, all sectors of the company's business achieved positive growth in the quarter, with overall revenue up 28.8% year-on-year to 35.4 billion yuan and adjusted net profit of 2.1 billion yuan. Among them, the number of annual active merchants increased to 6.5 million, and the number of annual transaction users reached a record high of 480 million, reflecting the rapid growth of supply and demand brought about by the digitization of life services.$MEITUAN-W (03690.HK)$
On November 30th, Meituan released the results for the third quarter of 2020. Thanks to the strong resilience and vitality of China's economy, all sectors of the company's business achieved positive growth in the quarter, with overall revenue up 28.8% year-on-year to 35.4 billion yuan and adjusted net profit of 2.1 billion yuan. Among them, the number of annual active merchants increased to 6.5 million, and the number of annual transaction users reached a record high of 480 million, reflecting the rapid growth of supply and demand brought about by the digitization of life services.$MEITUAN-W (03690.HK)$
On November 30th, Meituan released the results for the third quarter of 2020. Thanks to the strong resilience and vitality of China's economy, all sectors of the company's business achieved positive growth in the quarter, with overall revenue up 28.8% year-on-year to 35.4 billion yuan and adjusted net profit of 2.1 billion yuan. Among them, the number of annual active merchants increased to 6.5 million, and the number of annual transaction users reached a record high of 480 million, reflecting the rapid growth of supply and demand brought about by the digitization of life services.$MEITUAN-W (03690.HK)$
On November 30th, Meituan released the results for the third quarter of 2020. Thanks to the strong resilience and vitality of China's economy, all sectors of the company's business achieved positive growth in the quarter, with overall revenue up 28.8% year-on-year to 35.4 billion yuan and adjusted net profit of 2.1 billion yuan. Among them, the number of annual active merchants increased to 6.5 million, and the number of annual transaction users reached a record high of 480 million, reflecting the rapid growth of supply and demand brought about by the digitization of life services.$MEITUAN-W (03690.HK)$
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