Chinese food delivery giant Meituan reports Q1 revenue up 18.1% to ~$12.1B, vs. $12B est., net profit up 87.3% YoY to ~$1.4B, as it expands outside China (Ben Jiang/South China Morning Post)

Ben Jiang / South China Morning Post:
Chinese food delivery giant Meituan reports Q1 revenue up 18.1% to ~$12.1B, vs. $12B est., net profit up 87.3% YoY to ~$1.4B, as it expands outside China  —  The Chinese on-demand delivery giant beat expectations as it fends off rivals Alibaba and JD.com  —  Chinese on-demand delivery giant …