Meituan Q1 Revenue Surges 18.1%, Launches New Retail and Membership Initiatives
Earnings Call
26 May
Meituan reported strong Q1 2025 results with revenue increasing 18.1% year-over-year to RMB 86.6 billion. Key highlights include: 1. Launch of Meituan Shopping (美团闪购) for on-demand retail, delivering products within 30 minutes 2. Expansion of "Safe Learning" (安心学) and "Safe Training" (安心练) initiatives in education and fitness 3. 25% year-over-year increase in annual active merchants on Instashopping platform 4. Introduction of Meituan Membership program (美团会员) covering all business categories 5. Continued support for small and medium-sized merchants through financial assistance and digital tools 6. Enhanced welfare programs for delivery riders, including occupational injury insurance and pension plans Disclaimer: This earnings call summary is generated by AI and is for informational purposes only. Due to technical limitations, inaccuracies may exist. It does not constitute investment advice or commitments.
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