Meituan Warns Local Rivalry, Global Push to Hurt Profits Meituan warned its profitability may suffer as the Chinese food delivery leader faces intensifying competition at home and is aggressively expanding into new markets. Related Posts:Meituan Plans Debut Dim Sum Bonds in Up to $1.4 Billion SaleAlibaba Brings Visual AI Into Food Fight with…Meituan Shares Sink After Warning of Losses From…Alibaba, Meituan Take China Commerce War into Local ServicesMeituan Hedges Get Costly as Price Wars Make…China’s Meituan, Xiaomi See Long-Term Expansion…
