Meituan financial report conference call: it is expected that the average loss per order for Q1 food delivery will improve compared to Q4.

"It is expected that the average loss per order for food delivery in Q1 will improve compared to Q4." On the evening of March 26, Meituan revealed during the 2025 fourth quarter and full year performance conference call that the trend of reduced losses in food delivery will continue in the first quarter. In the fourth quarter, Meituan's core local business operating loss was 10 billion yuan, significantly narrowing compared to the third quarter.