Meituan Tops Hong Kong Food Delivery Market After Just One Year

Meituan has become the largest food delivery service provider in Hong Kong with more than 40% share of the market since its debut in the city a year ago, thanks to generous subsidies and rapidly expanding services.

KeeTa, Meituan’s Hong Kong focusing platform captured 44% of Hong Kong’s food delivery orders in March, surpassing rival Foodpanda’s 35% to become the top player, according to market data provider Measurable AI.