China’s Meituan to launch Keeta food delivery in brazil with $1 billion investment · TechNode

China’s Meituan to launch Keeta food delivery in brazil with $1 billion investment · TechNode

Chinese on-demand giant Meituan is bringing its food delivery brand Keeta to Brazil, marking its latest international push following launches in Hong Kong and Saudi Arabia. The company plans to invest $1 billion in Brazil over the next five years to build out logistics infrastructure and support local merchants. The announcement came during a signing ceremony in Beijing attended by Brazilian President Luiz Inácio Lula da Silva and Meituan founde…

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

Brazilian President Luiz Inácio Lula da Silva presided over the deal-signing event in Beijing.

China’s Meituan to Start Brazil Business With $1 Billion Budget

Meituan will invest $1 billion over five years to start and expand a food delivery service in Brazil, as Luiz Inacio Lula da Silva hopes to transform the country’s commodities-reliant economy with help from China.

Meituan to launch Keeta in Brazil, pledges $1b investment

Chinese on-demand service leader Meituan said on Monday it will invest $1 billion in Brazil over the next five years and launch its food delivery brand Keeta there in the coming months, marking its latest push in going global.

China’s Meituan to start Brazil business with US$1 billion budget

Meituan will invest US$1 billion over five years to start and expand a food delivery service in Brazil, as President Luiz Inacio Lula da Silva hopes to transform his country’s commodities-reliant economy with some help from China.