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Meituan reports solid Q4 but expects gloomy outlook for 2020

Meituan made total revenues of USD 4 billion in the fourth quarter of 2019, representing a 42.2% year-on-year increase.

2 mins read
  • The delivery fleet of food tech companies is largely sitting idle as restaurants remain closed during the 21-day national lockdown.

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    Naspers-backed Swiggy scrambles to grab the grocery opportunity

    3 mins read

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