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Meituan books 2% rise in third-quarter revenue but net income slumps

BEIJING, Nov 28 (Reuters) - China's leading food delivery group, Meituan 3690.HK, reported on Friday a 2% rise in third-quarter revenue, beating analyst estimates, as it intensifies efforts to compete for market share in the instant retail sector, where goods are delivered within an hour.

 (Reporting by Beijing Newsroom; Editing by Jacqueline Wong)

 ((Ethan.Wang@thomsonreuters.com;))

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