A year after its blockbuster IPO in Hong Kong, words like “cautious” and “disciplined” are showing up more often in comments and announcements from Meituan Dianping and its executives.
The cautious tack comes as the company, China’s largest provider of online-to-offline (O2O) services like app-based takeout dining, tries to convince investors it can join its big internet brethren in the realm of profitability.