Meituan Announces Financial Results for the Year Ended December 31, 2022
Meanwhile, the operating loss for our New initiatives segment narrowed to RMB28.4 billion in 2022 from RMB35.9 billion in 2021.
- Meanwhile, the operating loss for our New initiatives segment narrowed to RMB28.4 billion in 2022 from RMB35.9 billion in 2021.
- We held cash and cash equivalents of RMB20.2 billion and short-term treasury investments of RMB91.9 billion as of December 31, 2022.
- In 2022, we achieved 17.6% revenue growth for the Core local commerce segment, despite negative impacts from the macro environment.
- Our food delivery business posted steady, high-quality growth in 2022, with peak daily order volume surpassing 60 million.