Meituan’s KeeTa joins Hong Kong's food delivery race — but analysts are skeptical
Publishing timestamp: 2023-07-03 21:39:59
Summary
KeeTa, a food delivery service launched by Meituan, has expanded to two residential areas in Hong Kong and plans to cover the entire market by the end of the year. Analysts have differing opinions on the impact of this expansion on Meituan's earnings. The food delivery market in Hong Kong is currently dominated by Foodpanda and Deliveroo, but KeeTa may be able to build market share due to a probe into anti-competitive conduct by the other players. KeeTa is offering promotions and discounts to attract customers and establish loyalty.
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Keywords: technology, business news, china, asia economy, internet, meituan, food and drink, breaking news: technology,