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Meituan comments on today's early morning again fell 7%, wiping out billions of dollars

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Meituan comments on today's early morning again fell 7%, wiping out billions of dollars
Hong Kong on March 11, afternoon after the close Meituan released 2018 annual report and in the fourth quarter results, the following day early morning Meituan review fell more than 10% to hk $52.35 and today again after opening down more than 7%. Meituan listed market value more than hk $400 billion last year, known as China's top five Internet companies, but now the $275.349 billion, year-on-year decline in more than 100 billion Hong Kong dollars. Meituan results show that in 2018, Meituan comment on revenue is 65.227 billion yuan, compared with $33.928 billion in 2017, an increase of 92.3%. Meituan core takeout, to shop and wine tour business, has achieved good gross margin increase, but food take-away revenue growth. Trading at the same time, Meituan 2018 active users and merchants have reached a new high, transaction amount is 515.64 billion yuan, but in the fourth quarter growth slowed. But Meituan in 2018 operating loss at 110.8...
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