China’s Meituan delivers double-digit growth with group food orders

BEIJING — China's Meituan is seeking to capture a bigger share of the food delivery market with its low-cost group ordering feature, which helped it post double-digit sales growth in the April-June quarter despite an economic slowdown that has made consumers more frugal. .

Meituan has become famous for offering food delivery in 30 minutes or less. Its yellow-uniformed delivery drivers are ubiquitous in Chinese cities, cruising the streets on scooters.

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