Meituan reports Q4 revenue up 21.4% YoY to ~$8.67B, above ~$8.4B estimates, and a ~$157M loss; core local commerce revenue grew 17.4% YoY to ~$6.3B (Casey Hall/Reuters) 24-03-2023

Casey Hall / Reuters:
Meituan reports Q4 revenue up 21.4% YoY to ~$8.67B, above ~$8.4B estimates, and a ~$157M loss; core local commerce revenue grew 17.4% YoY to ~$6.3B — Chinese food delivery giant Meituan (3690.HK) posted a bigger-than-expected 21.4% rise in quarterly revenue on Friday as it fended off competition …