Revenue Breakdown

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	Dec '18 Dec 31, 2018	Dec '17 Dec 31, 2017
Core Local Commerce Revenue	264.61B	250.25B	206.91B
Core Local Commerce Revenue Growth	5.74%	20.95%	28.71%
New Initiatives Revenue	95.85B	87.34B	69.84B
New Initiatives Revenue Growth	9.74%	25.07%	17.98%

Revenue Breakdown 3

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	Dec '18 Dec 31, 2018	Dec '17 Dec 31, 2017
Delivery Services Revenue	103.36B	98.07B	82.19B
Delivery Services Revenue Growth	5.40%	19.31%	17.31%
Commission Revenue	103.54B	95.34B	76.69B
Commission Revenue Growth	8.60%	24.32%	35.71%
Online Marketing Services Revenue	52.09B	49.24B	40.51B
Online Marketing Services Revenue Growth	5.78%	21.54%	31.67%
Other Services and Sales Revenue	101.48B	94.94B	77.35B
Other Services and Sales Revenue Growth	6.88%	22.74%	23.54%

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	Dec '18 Dec 31, 2018	Dec '17 Dec 31, 2017
Core Local Commerce Operating Profit	44.70B	52.42B	38.70B
Core Local Commerce Operating Profit Growth	-14.73%	35.44%	31.17%
New Initiatives Operating Profit	-7.36B	-7.27B	-20.17B
Corporate Operating Profit (Post-2021)	-6.17B	-8.30B	-5.12B

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period Ending	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	Dec '18 Dec 31, 2018	Dec '17 Dec 31, 2017
Number of On-Demand Delivery Transactions	21.89B
Number of On-Demand Delivery Transactions Growth	23.90%

Updated Jun 30, 2025. Data Source: Fiscal.ai.