Monday, May 25, 2020

China’s food delivery giant Meituan hits $100B valuation amid pandemic



Meituan’s shares hit a record high on Tuesday, bringing its valuation to over $100 billion. The Hong Kong-listed giant, which focuses on food delivery with smaller segments in travel and transportation, is the third Chinese firm to reach the landmark valuation.

from Pocket https://techcrunch.com/2020/05/25/chinas-food-delivery-giant-meituan-hits-100b-valuation-amid-pandemic/
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