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Core Local Commerce · podgraph

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Core Local Commerce

Product · mentioned 2 times

Local delivery business segment of Chinese technology company Meituan.

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Meituan's delivery engine, Core Local Commerce, made an operating profit of about 52.4 billion yuan in 2024, and by Caixin's account in 2025 it lost 6.9 billion yuan on revenue that still grew, a swing of nearly 60 billion yuan in a year.
A2Z Fintech · 4 Nov