(Finance) – MeituanChinese delivery giant, recorded revenues up 16.4% to 50.9 billion yuan (about 7.4 billion euros) in the second quarter of 2022, from 43.8 billion yuan in the same period of 2021. higher than expected of analysts, according to Refinitiv data, which were for 48.6 billion yuan
The segment “main local trade“achieved an operating profit of 8.3 billion yuan, up from 5.9 billion last year, while the operating loss for the segment”New initiatives“decreased on both an annual and quarterly basis to 6.8 billion yuan.
L’Adjusted EBITDA andadjusted net profit they were 3.8 billion yuan and 2.1 billion yuan for the quarter, respectively, moving from losing positions to profit positions on both an annual and quarter-over-quarter basis.