BRIEF: Meituan’s Keeta enters Dubai, its third Middle East market in 40 days
Food delivery giant Meituan’s (3690.HK)Keeta international delivery brand officially launched in Dubai on Saturday, according to its official WeChat account. The move comes after Keeta entered Qatar in August and…
BRIEF: Meituan launches $13.7 billion subsidy to support merchants, consumers
Meituan (3690.HK) has pledged to invest 100 billion yuan ($13.7 billion) in the restaurant industry over the next three years, focusing on consumer subsidies, merchant support, incentives for high-quality restaurant…
BRIEF: Meituan repurchases 148 million shares since June
Online food delivery giant Meituan (3690.HK) announced Monday it repurchased 3.35 million shares on Sept. 16 at prices ranging from HK$122.90 to HK$126.40, spending a total of HK420 million ($53.8…
