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flag Meituan, China's largest food delivery service, reports a significant boost in revenue and profit for 2024.

flag Meituan, China's largest food delivery platform, reported a 22% rise in annual revenue to 337.59 billion yuan and a 158% jump in net profit to 35.81 billion yuan in 2024, surpassing previous estimates. flag The company's fourth-quarter revenue was 88.5 billion yuan, up 20.1% year-on-year, with a net profit surge of 180%. flag Meituan plans to invest more in technologies like AI and automated delivery vehicles.

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