Meituan Dianping scales down bike and car-sharing efforts as revenue grows to $2.75B, up 97% YoY, and losses triple to ~$497M in Q3, its first quarter since IPO (Rita Liao/TechCrunch)
Rita Liao / TechCrunch:
Meituan Dianping scales down bike and car-sharing efforts as revenue grows to $2.75B, up 97% YoY, and losses triple to ~$497M in Q3, its first quarter since IPO — A major player in the race to transport Chinese people around is losing steam. Meituan Dianping, the Tencent-backed …
Meituan Dianping scales down bike and car-sharing efforts as revenue grows to .75B, up 97% YoY, and losses triple to ~7M in Q3, its first quarter since IPO (Rita Liao/TechCrunch)
Source: Tech Meme
