{"id":15624,"date":"2026-02-13T21:25:42","date_gmt":"2026-02-13T21:25:42","guid":{"rendered":"https:\/\/jobuzo.com\/en\/meituan-warns-of-us3-5-billion-loss-amid-intense-food-delivery-price-war\/"},"modified":"2026-02-13T21:25:42","modified_gmt":"2026-02-13T21:25:42","slug":"meituan-warns-of-us3-5-billion-loss-amid-intense-food-delivery-price-war","status":"publish","type":"post","link":"https:\/\/jobuzo.com\/en\/meituan-warns-of-us3-5-billion-loss-amid-intense-food-delivery-price-war\/","title":{"rendered":"Meituan warns of US$3.5 billion loss amid intense food delivery price war"},"content":{"rendered":"
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China’s food delivery giant Meituan on Friday warned that it expected to post a loss of up to 24.3 billion yuan (US$3.5 billion) for 2025 due to “intense industry competition”, with the slump likely to persist this year.<\/p>\n

The sharp reversal from 2024, when the company posted a profit of 35.8 billion yuan, comes on the back of one of China’s most intense price wars last year between Meituan, Alibaba Group Holding and JD.com in local e-commerce and food delivery, which only subsided after regulators stepped in.<\/p>\n

Alibaba owns the South China Morning Post.<\/p>\n

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In a filing to the Hong Kong stock exchange on Friday, Meituan said expected losses for 2025 would be between 23.3 billion yuan and 24.3 billion yuan.<\/p>\n

The company said in the statement that the downturn was mainly due to a significant hit to its core domestic e-commerce business, which went from an operating profit of around 52.42 billion yuan in 2024 to an operating loss of between 6.8 billion yuan and 7 billion yuan last year.<\/p>\n

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Increased investments to strengthen “core advantages” amid intense competition were blamed for the mounting losses, including spending on marketing, lowering prices and increasing incentives for delivery workers.<\/p>\n<\/div>\n

Meituan warns of US$3.5 billion loss amid intense food delivery price war<\/sub><\/p>\n","protected":false},"excerpt":{"rendered":"

China’s food delivery giant Meituan on Friday warned that it expected to post a loss of up to 24.3 billion yuan (US$3.5 billion) for 2025 due to “intense industry competition”, with the slump likely to persist this year. The sharp reversal from 2024, when the company posted a profit of 35.8 billion yuan, comes on…<\/p>\n

Read More “Meituan warns of US$3.5 billion loss amid intense food delivery price war”<\/span> »<\/a><\/p>\n","protected":false},"author":1,"featured_media":15625,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-15624","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/posts\/15624","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/comments?post=15624"}],"version-history":[{"count":0,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/posts\/15624\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/media\/15625"}],"wp:attachment":[{"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/media?parent=15624"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/categories?post=15624"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/tags?post=15624"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}