Meituan's market share in Hong Kong has grown significantly since its entry. Its food delivery platform, KeeTa, captured 44% of Hong Kong's food delivery orders in March, surpassing rival Foodpanda's 35% to become the top player(2). This growth is attributed to generous subsidies and rapidly expanding services.
How has Meituan's market share in Hong Kong changed since its entry?
Sources:
/1080x390/uploads/cover_image/2024/07/18/1721291087_30bf97bd916529c6957e.jpeg)
‘Bullying Leads to Self-Isolation,’ Xi Warns After U.S.-China Trade TruceSoftBank Profit Doubles as ByteDance and Didi Valuations Surge
U.S. Retains 20% Tariff on Chinese Fentanyl Imports, Total Tariffs on China Remain at 30%
Nissan Announces Job Cuts and Cost-Saving Measures, Delays Earnings Forecast
U.S. Plans to Export Hundreds of Thousands of AI Chips to UAE and Saudi Arabia
U.S. Reportedly Plans to Export Hundreds of Thousands of AI Chips to UAE and Saudi Arabia
ABB Reportedly Weighs Sale of Robotics Division as Alternative to Spin-Off
BofA: Global Fund Managers Cut Dollar Holdings to Lowest Level Since 2006
China Lifts Boeing Delivery Ban After U.S. Tariff Truce
CATL Offers Bargain-Basement Fees in 2025’s Largest IPO
