Caixin
BUSINESS & TECH

Meituan-Dianping Moves Toward Hong Kong Listing

Meituan-Dianping was valued at $30 billion in its latest $4 billion funding round in October. Photo: VCG
Meituan-Dianping was valued at $30 billion in its latest $4 billion funding round in October. Photo: VCG

China’s largest online local services platform Meituan-Dianping is likely to join the expected rush of the country’s tech giants to go public in Hong Kong this year, as the city relaxes rules to attract more high-tech listings, sources close to the matter told Caixin.

Meituan-Dianping is planning an initial public offering (IPO) on Hong Kong’s stock exchange by the end of this year, although discussions on the matter are still at a preliminary stage, sources said. The company hasn’t finalized underwriters.

ladingImg
You've accessed an article available only to subscribers
Try 4 weeks for $0.99
SUBSCRIBE
Share this article
Open WeChat and scan the QR code
Copyright © 2017 Caixin Global Limited. All Rights Reserved.