China’s Meituan to bring Keeta food delivery to Brazil under US$1 billion deal

May 13, 2025

Chinese on-demand service giant Meituan has signed a US$1 billion deal to expand its Keeta food delivery platform to Brazil, following successful launches in Hong Kong and Saudi Arabia. The company said it would introduce Keeta to Brazil “in the coming months” and invest US$1 billion in the South American country over the next five years. The agreement was signed at an event on Monday in Beijing, where Meituan is headquartered. Visiting Brazilian President Luiz Inácio Lula da Silva attended the...

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