Meituan's 2023 Q3 revenue is 76.47 billion yuan: a year-on-year increase of 22.1%, higher than market expectations

According to news from this site on November 28, Meituan today released its financial report for the third quarter of 2023. Revenue for the quarter was 76.47 billion yuan, and revenue for the same period last year was 62.62 billion yuan, a year-on-year increase of 22.1%, The market expected 76.009 billion yuan.

Meituan Q3 operating profit was 3.358 billion yuan, a year-on-year increase of 239.9%; Adjusted net profit was 5.727 billion yuan, a year-on-year increase of 62.4% .

From a business perspective, Meituan’s Q3 delivery service revenue was 22.983 billion yuan, a year-on-year increase of 14.3%; commission income was 21.536 billion yuan, a year-on-year increase of 30.7%.

####################################################### A year-on-year increase of 23.0%. ###Food delivery has maintained strong growth momentum, with single-day order volume reaching a peak of 78 million, a record high and doubling that of three years ago###. ######This site noticed from the financial report that Meituan’s third-quarter research and development expenses fell by 1.7% from RMB 5.4 billion in the third quarter of 2022 to RMB 5.3 billion in the same period of 2023, accounting for a percentage of revenue from 8.6 % decreased by 1.6 percentage points year-on-year to 7.0%. Both the amount and percentage of revenue decreased, ### was mainly due to the decrease in employee benefit expenses###. ######Advertising statement: The external jump links (including but not limited to hyperlinks, QR codes, passwords, etc.) contained in the article are used to convey more information and save selection time. The results are for reference only. All articles on the site contain this statement. ###

The above is the detailed content of Meituan's 2023 Q3 revenue is 76.47 billion yuan: a year-on-year increase of 22.1%, higher than market expectations. For more information, please follow other related articles on the PHP Chinese website!