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Surprise to who? Not CU. Meituan Has Surprise Profit After China Delivery Fight Eases (2) Summary by Bloomberg AI ▪Meituan reported a surprise quarterly profit after competition in China’s quick delivery market eased and the company slowed its overseas expansion. ▪Operating profit rose to 2.69 billion yuan for the three months through June, and revenue climbed 14% to 104.6 billion yuan, also topping estimates. ▪The company's domestic delivery business returned to year-on-year growth "primarily due to our disciplined spending on incentives", according to Meituan. By Luz Ding 08/28/2026 05:33:03 [BN] (Bloomberg) -- Meituan reported a surprise quarterly profit after competition in China’s cutthroat quick delivery market eased and the company slowed its overseas expansion. Operating profit rose 11-fold to 2.69 billion yuan ($400 million) for the three months through June, the company said Friday. Analysts estimated a loss of 846 million yuan on average.  Revenue climbed 14% to 104.6 billion yuan, also topping estimates. Net income reached 2.16 billion yuan, after three quarters of losses.

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