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Meituan's acquisition of AI startup can 'significantly' improve its cost model, KraneShares says
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China’s food delivery app Meituan shares fall on weaker Q3 outlook

Food delivery couriers for Meituan stand with insulated bags during a morning briefing in Beijing, China, on Wednesday, April 21, 2021. Yan Cong | Bloomberg | Getty Images Meituan‘s Hong Kong-listed shares fell more than 5% on Friday after CEO Wang Xing warned of a food delivery slowdown in the next quarter. “For our food...