JL
Public post
Jamie Lane
Sep 2026 • linkedin
Post excerpt
🚨 Meituan’s Keeta has reportedly recorded its first profitable month in Saudi Arabia in July, 22 months after launch and seven months faster than in Hong Kong. “This shows that our operational approach can scale well across different overseas markets,” CEO Xing WANG 王兴 said on Meituan’s second-quarter earnings call. Keeta took 29 months to reach the same milestone in Hong Kong, where it launched in May 2023. Wang said Saudi was both a much larger market and one Meituan knew relatively little about when it entered…
#keeta#fooddelivery#saudi#funding#ksa
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