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China’s Meituan lost $82 billion in market cap amid rising competition, slowdown in food delivery business
Finance

China’s Meituan lost $82 billion in market cap amid rising competition, slowdown in food delivery business

January 10, 2024 admin-dominor

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Stiff competition and management warning of a slowdown have wiped $82 billion off Meituan's market cap in 2023.

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