Tag: consumer spending

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Meituan: Chinese food delivery giant Meituan beats quarterly revenue estimates

China's largest food delivery firm Meituan posted a bigger-than-expected 22.4% rise in third-quarter revenue on Friday, defying sluggish Chinese consumption. Meituan, which has...

Gen Z: In 2025, Gen Z’s direct spends will amount to $250 billion: Snap Inc. and BCG’s latest report

Collective spending power of Gen Z has reached $860 billion and is expected to surge to $2 trillion by 2035 with this cohort's...