BUSINESSSCMP WORLD
US$1b windfall: how Meituan’s bets on AI, robotics outshine quarterly loss
Meituan is set to gain a significant financial windfall from investments in frontier tech, including Zhipu AI, despite reporting a third consecutive quarterly adjusted net loss of 4.97 billion yuan (US$735 million). The company's bets on AI and robotics are highlighted as a potential boost amid financial challenges.
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