China's Meituan posts wider loss in second earnings release since IPO

China's Meituan posts wider loss in second earnings release since IPO

Menu icons are displayed on the Meituan application on an Apple Inc. iPhone in an arranged photograph taken in Hong Kong, China, on Friday, March 23, 2018. Photographer: Justin Chin/Bloomberg

China’s Meituan Dianping, an online food delivery-to-ticketing firm, said its fourth-quarter operating loss more than doubled as the company wrestles to balance growth with profitability.

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