Meiwu Technology Reports H1 2026 Financial Results with 96% Revenue Growth; Net Loss Widens to $15.8 Million
Meiwu Technology Company Limited reported total net revenues of $4.87 million for the six months ended June 30, 2026, an increase of 96% compared to $2.48 million in the prior year period. The company reported a net loss of $15.85 million compared to a net loss of $1.36 million in H1 2025, driven primarily by a 1,363% increase in sales and marketing expenses to $11.74 million and $3.51 million in research and development expenses related to the MOBO App development. Gross profit margin remained flat at 13%. The...
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