Meituan discloses 2025 financial report: self-developed large model LongCat and AI assistant Xiaotuan are reshaping the local life entry point
Meituan's 2025 revenue reached 364.9 billion yuan, up 8% year-on-year, but with a net loss of 23.4 billion yuan. CEO Wang Xing emphasized AI as a core strategy, advancing the self-developed large model LongCat to understand physical world data. The Meituan App has launched AI assistant 'Xiao Tuan' and introduced the standalone app 'Xiao Mei'.....
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