Meituan Maicai, an online grocery service operated by food delivery giant Meituan, was profitable for multiple months last year, according to local media outlet LatePost. The report comes after NYSE-listed rival Dingdong Maicai recorded its first quarterly profit at the end of 2022, and Alibaba-owned Hema Xiansheng broke even in 2022 after seven years of[…[…
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