On the Q2 earnings call Aug. 28, Meituan CEO Wang Xing said Keeta began trial operations in the Saudi market in September 2024 and reached profitability in July this year, taking 22 months. He said Keeta will focus in H2 on operations in existing markets and on improving operational efficiency, and remains confident in Brazil’s long-term potential.

2026-08-28

On the Q2 earnings call Aug. 28, Meituan CEO Wang Xing said Keeta began trial operations in the Saudi market in September 2024 and reached profitability in July this year, taking 22 months. He said Keeta will focus in H2 on operations in existing markets and on improving operational efficiency, and remains confident in Brazil’s long-term potential.