Home Procurement NewsChina’s Meituan lost $82 billion in market cap amid rising competition, slowdown in food delivery business

China’s Meituan lost $82 billion in market cap amid rising competition, slowdown in food delivery business

January 10, 2024•

Stiff competition and management warning of a slowdown have wiped $82 billion off Meituan’s market cap in 2023.

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Last modified: January 10, 2024

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