China food delivery giant Meituan reports 10bn yuan loss after paying antitrust fine — News – South China Morning Post

Food delivery couriers for Meituan stand with insulated bags during a morning briefing in Beijing, China, on Wednesday, April 21, 2021. Photo: Bloomberg

Meituan, operator of China’s largest food delivery and on-demand local services platform, reported a worse than expected loss in the third quarter, after swallowing a fine by China’s antitrust regulators, while its revenue of 48.8 billion yuan was in line with forecasts.The Beijing-based company incurred a net loss of 10 billion yuan (US$1.565 billion), missing…

China food delivery giant Meituan reports 10bn yuan loss after paying antitrust fine — News – South China Morning Post

Autor: uwe.roland.gross

Don`t worry there is no significant man- made global warming. The global warming scare is not driven by science but driven by politics. Al Gore and the UN are dead wrong on climate fears. The IPCC process is a perversion of science.