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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)



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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