Earnings

Shares of China's food delivery leader Meituan fall more than 5% on weaker Q3 outlook

Meituan shares fell 5% Friday after CEO Wang Xing warned of a food delivery slowdown in the third quarter during the firm's latest earnings call on Thursday.

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Aug 31, 2023 - 19:52
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Shares of China's food delivery leader Meituan fall more than 5% on weaker Q3 outlook
Meituan shares fell 5% Friday after CEO Wang Xing warned of a food delivery slowdown in the third quarter during the firm's latest earnings call on Thursday.
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