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Food delivery service Meituan beats revenue forecast

NEW YORK -- Chinese food delivery giant Meituan's revenue climbed 22.6% on the year to 73.7 billion yuan ($10.19 billion) for the fourth quarter in results released Friday, lifted by growth in regular users.

Analysts had forecast 72.5 billion yuan, according to LSEG Data & Analytics, formerly Refinitiv.

Read more on asia.nikkei.com