Meituan announced its earnings reports for the first half of 2024, showing significant growth in revenue and operating profit. For the six months ended June 30, 2024, revenue reached 155.5 billion yuan, an increase of 22.9% year-on-year; operating profit was 16.5 billion yuan, an increase of 98.4% year-on-year. Net profit for the period was 16.7 billion yuan, an increase of 107.8% year-on-year. Adjusted EBITDA was 23.1 billion yuan, an increase of 65.4% year-on-year. Adjusted net profit was 21.1 billion yuan, an increase of 60.4% year-on-year. The company continues to invest in technology innovation, including autonomous delivery vehicles, drone delivery, and other cutting-edge technologies. During this period, Meituan repurchased over 80 million Class B shares on the open market.

Meituan announced its earnings reports for the first half of 2024, showing significant growth in revenue and operating profit. For the six months ended June 30, 2024, revenue reached 155.5 billion yuan, an increase of 22.9% year-on-year; operating profit was 16.5 billion yuan, an increase of 98.4% year-on-year. Net profit for the period was 16.7 billion yuan, an increase of 107.8% year-on-year. Adjusted EBITDA was 23.1 billion yuan, an increase of 65.4% year-on-year. Adjusted net profit was 21.1 billion yuan, an increase of 60.4% year-on-year. The company continues to invest in technology innovation, including autonomous delivery vehicles, drone delivery, and other cutting-edge technologies. During this period, Meituan repurchased over 80 million Class B shares on the open market.