美团电话会：预计短期内激烈竞争仍将持续

Core Insights - Meituan's profitability has been significantly impacted amid fierce competition in the food delivery market, with adjusted net profit in Q2 dropping nearly 90% year-on-year, falling far below market expectations [1] Group 1: Financial Performance - The adjusted net profit for Meituan in Q2 experienced a substantial decline of nearly 90% compared to the same period last year [1] - The financial results were significantly lower than what the market had anticipated [1] Group 2: Market Competition - Management has warned during the earnings call that intense competition in the food delivery sector is expected to persist in the short term [1]