It's time Meituan focused on arresting losses and not just beating revenue guidance

It's time Meituan focused on arresting losses and not just beating revenue guidance

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

As long as Meituan Dianping is posting operating losses, any revenue figure that beats analyst estimates is irrelevant.

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