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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), 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.

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