Meituan Dianping Tumbles Over 8%Amid Q3 Losses
Yicai Global | Xu Wei
DATE:  Nov 23 2018
/ SOURCE:  yicai

(Yicai Global)Nov. 23 - Meituan Dianping[HK:3690] opened down 8.19 percent at HKD56.05(USD7.16), after posting a poor performance in the third quarter.

Although the company's revenue nearly doubled to CNY19.1 billion(USD2.8 billion) in the third quarter, it recorded a net loss of CNY83.3 billion, a significant widening from CNY4.4 billion in the same period of last year.

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