Understanding the Market | MEITUAN-W Rises Over 4% Again, Keeta Accelerates Expansion in the Middle East, Institutions Say Delivery Platform Subsidy Strategy Has Become More Rational
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Meituan-W's stock price rose over 4% again, with a cumulative increase of over 12% this week. As of the time of writing, the stock price is HKD 108.7, with a trading volume of HKD 5.432 billion. Meituan's food delivery brand keeta has officially launched operations in Kuwait, becoming its third market in the Middle East. Institutional analysis indicates that the platform's subsidy strategy is becoming more rational, and it is expected that Meituan and Alibaba will see a profit inflection point in the future
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