Meituan's subsidiary Keeta will enter the Brazilian market.

At the "China-Brazil Business Seminar", Brazilian President Lula met with Meituan founder and CEO Wang Xing, and witnessed the signing of an investment agreement. Meituan will officially introduce its food delivery service Keeta into Brazil in the next few months and plans to invest 1 billion dollars in Brazil over the next 5 years to support the project's development.