Tech
Chinese food delivery giant Meituan had sales of $5.4B in Q3, up 29% YoY; Meituan's stock has nearly tripled in 2020, bringing its market value to ~$220B (Ryan McMorrow/Financial Times)
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Ryan McMorrow / Financial Times:
Chinese food delivery giant Meituan had sales of $5.4B in Q3, up 29% YoY; Meituan’s stock has nearly tripled in 2020, bringing its market value to ~$220B — Expansion plan comes as company posts strong revenue growth in third quarter — Food delivery giant Meituan is expanding …
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