BEIJING :Chinese food delivery company Meituan surpassed quarterly revenue estimates on Thursday, despite a resurgence of COVID-19 cases and accompanying restrictions in China restrained its supply and delivery capacity.

Total revenue rose 25 per cent year over year to 46.27 billion yuan ($6.93 billion) for the quarter ended March, compared with analysts’ average estimate of 45.04 billion yuan, according to IBES data from Refinitiv.…

This data comes from the ChinaPulse.com media intelligence and smart news insights monitoring platform.