Insights
Meituan’s reset starts with narrower delivery losses
After a costly fight for food delivery orders, the company is shifting attention to better economics, service retail, and Xiaoxiang Supermarket.
8 mins read
Xiaoxiang Supermarket
Keeta is gaining traction in international markets as the company ramps up investments in AI and retail initiatives.
Facing pressure on multiple fronts, Meituan is working to defend its home turf while pushing ahead with global expansion.
While profits are up, Meituan is bracing for volatility as rivals ramp up discounting and regulators tighten oversight.
Revenue rose 20% last quarter, but Meituan’s story now revolves around a business overhaul, a hard push overseas, and an “all in” commitment to AI.
Building on Keeta’s success, Meituan brings its quick commerce model to Saudi Arabia’s booming grocery delivery market.