Bullet points of Meituan’s 63% Stock Surge Faces Risks in China Consumer Malaise

Bullet points of Meituan’s 63% Stock Surge Faces Risks in China Consumer Malaise
- Meituan's sales growth has been strong, with a 21% increase in the latest quarter.
- The company's gross margin has reached a record high.
- Meituan's focus on lower prices has helped it attract a large number of customers and restaurants.
- The company's growth rate may slow down in the future due to the slowing economy and increasing competition.