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MEITUAN-W's Food Delivery Service Keeta Poised to Dabble in Brazilian Mkt
The Brazil-China Business Seminar was recently held in Beijing with an aim to deepen bilateral economic and trade cooperation between China and Brazil and explore new opportunities...
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MEITUAN-W's Food Delivery Service Keeta Poised to Dabble in Brazilian Mkt
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The Brazil-China Business Seminar was recently held in Beijing with an aim to deepen bilateral economic and trade cooperation between China and Brazil and explore new opportunities for two-way investment and trade.

Brazilian President Luiz Inacio Lula da Silva met with Wang Xing, Founder and CEO of MEITUAN-W (03690.HK)  -2.100 (-1.499%)    Short selling $1.63B; Ratio 17.427%   , and witnessed the signing of an investment agreement. MEITUAN-W will officially launch its food delivery service Keeta in Brazil in the coming months. It also plans to invest US$1 billion over the next five years to support the project's development in Brazil.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-05-30 16:25.)

Related NewsNomura Slashes MEITUAN-W (03690.HK) TP to $176, Keeps Rating at Buy, Expects Intense Competition Unlikely to Last Over Yr

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