Meituan Targets $5.5 Billion Valuation for IPO in Hong Kong. Let’s Know More About This “One-Stop Super App”

Via TechCrunch: Meituan-Dianping is reportedly aiming for a $55 billion valuation in its upcoming initial public offering in Hong Kong, but the company’s net losses and increasing competition from Alibaba  are already raising questions about whether that is too ambitious, despite the company’s market leadership in China. Meituan-Dianping, which bills itself as Read more…