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Meituan reports Q2 revenue up 14.4% YoY to $15.62B and adjusted net profit of $372M, ending a three-quarter losing streak as the food delivery price war cooled (Ben Jiang/South China Morning Post)

Revenue for the quarter rose 14.4 per cent year on year to 105 billion yuan, beating the consensus estimate of 101 billion yuan.

We haven't written up this one. Techmeme has the full story — the link below goes straight to it.

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