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China’s Meituan Dianping shares dive as rising costs inflate losses

HONG KONG/SHANGHAI (Reuters) – Meituan Dianping’s (3690.HK) percentage value plunged on Friday after the Chinese on-line meals delivery-to-ticketing company reported a a ways wider quarterly working loss amid a pricey fight with opponents together with Alibaba-backed Ele.me. FILE PHOTO: The control crew of China’s Meituan Dianping, an internet meals delivery-to-ticketing …

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