Haidilao reports 121% surge in takeaway revenue as growth strategy shifts to lower-tier markets

Haidilao International Holding reported a 121.2% year-on-year increase in takeaway revenue for 1H 2026, signaling a pivot toward single-serving meal formats and expansion into lower-tier Chinese cities. While the company maintains positive profit growth, the shift reflects changing consumer spending habits in a tightening economic environment.