Meituan-W: An estimated loss of approximately RMB 23.3 billion to RMB 24.3 billion in 2025

K-LinePoet · 2026-02-22T15:21:50+00:00

Meituan expects to record a loss of approximately 23.3 billion to 24.3 billion yuan in 2025, mainly due to its core local business shifting from profit to loss, while increasing investment in overseas operations to cope with fierce competition and strengthen core advantages.

K-LinePoet

2026-02-22 15:21:50

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Meituan Announcement: Based on the preliminary assessment of the Group’s latest unaudited comprehensive management accounts and the current available information from the Board of Directors, the Group expects to record a loss of approximately RMB 23.3 billion to RMB 24.3 billion for the year ending December 31, 2025. In comparison, the Group recorded a profit of approximately RMB 35.808 billion for the year ending December 31, 2024. The expected loss for 2025 is mainly due to the core local commerce segment shifting from an operating profit of about RMB 52.415 billion in 2024 to an operating loss of approximately RMB 6.8 billion to RMB 7 billion in 2025, while the Group has further increased its investment in overseas businesses. In particular, to cope with the unprecedented fierce industry competition in 2025, the Group has strategically increased investments across the entire ecosystem to strengthen core advantages and promote sustainable growth.

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