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Meituan's 2023 Financial Report: 21.9 billion instant delivery orders, Meituan's flash purchase volume increased by over 40%. Meituan (stock code: 3690. HK) released its fourth quarter and full year 2023 results on the 22nd. The company's various businesses continued to achieve steady growth, with a total annual revenue of 276.7 billion yuan, a year-on-year increase of 26%. In 2023, the number of Meituan instant delivery orders increased by 24% to 21.9 billion. The annual transaction users of food and beverage delivery continue to grow, and the scale and purchase frequency of the medium and high frequency user groups are steadily increasing. Meituan flash sale has also shown broad development space, with a sustained and healthy growth in order volume, with a year-on-year growth rate of over 40% for the entire year.
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