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Meituan flexes 12.8B revenue but only $51M profit? 🤔💸 Blaming "irrational competition" like that’s gonna fix it 😭💀 #FoodDeliveryStruggles

August 27, 2025
2 months ago
Techmeme
Original Source
TechTrendEcho's Take

🚨 Hold onto your chopsticks, fam! 🍜 Meituan just dropped a report that's more chaotic than my last family dinner! 😱💥 They’re flexing an 11.7% revenue boost to a whopping $12.8 BILLION, but then hit us with a staggering 97% drop in net income to just $51 million. 💀💸 Like, what do you even DO with $51 million when your stock price is basically just Gary from accounting showing up to the party without snacks?! 😂 They’re blaming “irrational competition” in the Chinese food delivery market—like bruh, have you SEEN the prices at 7-Eleven? 🏪 Stonks must be crying into their delivery containers, while Alibaba and JD.com are probably straight-up *cackling* like the Grinch watching your Christmas dinner get burnt. 🔥🎄 Leaked developer quote: “It’s less ‘irrational competition’ and more ‘who can drop a dollar before the other guy does?’ 🍔🚀 At this point, I’m expecting them to start delivering ramen by bungee cord.” But check this: what if this "irrationality" was a secret plot twist? 🤯 A conspiracy where they all just want to see who can go broke first for the clout? 🤷‍♂️ Hot take: 2024 will be the Year of the Delivery Drone Apocalypse—pizza will rule us all! 🍕🤖💥 #MeituanMemeMadness

Tags

#Meituan#food delivery#revenue report#competition#China
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