Ge Long Hui A P P·2025-11-28 08:59Core Insights - Meituan reported a revenue of 95.5 billion yuan for Q3 2025, representing a year-on-year growth of 2% [1] - Due to intensified industry competition, the core local business operating profit turned negative, resulting in a loss of 14.1 billion yuan [1] - The number of transaction users over the past 12 months exceeded 800 million [1] Financial Performance - Revenue for Q3 2025 was 95.5 billion yuan, a 2% increase compared to the previous year [1] - The core local business experienced a loss of 14.1 billion yuan due to increased competition [1] - Research and development investment reached 6.9 billion yuan, marking a 31% year-on-year increase [1] User Engagement - Daily active users (DAU) of the Meituan app grew by over 20% year-on-year [1] - Monthly transaction users for food delivery reached a historical high [1] Strategic Initiatives - In response to "involution" competition, Meituan increased its financial investment to enhance service quality and promote healthy industry development [1]