HONG KONG -- Meituan posted better-than-expected quarterly earnings on Friday, as the Chinese food delivery company aggressively expands with heavy discounting.
After conquering Hong Kong with discounts, focus turns to Middle East, beyond

Meituan couriers make lunchtime deliveries in an office district in Guangzhou. (Photo by Takashi Kawakami)
HONG KONG -- Meituan posted better-than-expected quarterly earnings on Friday, as the Chinese food delivery company aggressively expands with heavy discounting.