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Chinese food-to-ticketing app Meituan Dianping sees losses widen in fourth quarter

Chinese food-to-ticketing app Meituan Dianping sees losses widen in fourth quarter

5 years ago
Anonymous $Dftgs0JzgE

https://www.reuters.com/article/us-meituan-results/chinese-food-to-ticketing-app-meituan-dianping-sees-losses-widen-in-fourth-quarter-idUSKBN1QS17A

China's Meituan Dianping, an online food delivery-to-ticketing firm, said its fourth-quarter operating loss more than doubled as fast revenue growth was offset by sharply rising labor costs as it took on more staff.