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在线翻译:
szdaily -> Markets -> 
Meituan-Dianping mulls US listing in 2018
    2017-11-09  08:53    Shenzhen Daily

CHINA’S Meituan-Dianping, an online platform for ordering food and booking movies and restaurants, is considering an initial public offering (IPO) in the United States as soon as next year, sources with knowledge of the matter said.

A listing could raise at least US$3 billion as the company’s investors look to capitalize on the current market bull run, which has taken U.S. stocks to a series of all-time highs.

A deal of that size, representing at least 10 percent of Meituan-Dianping’s valuation, would be the largest listing of a Chinese company in the United States since Alibaba’s record US$25 billion float in 2014.

Meituan-Dianping, which offers a broad range of services including movie ticketing, food delivery and beauty services, said last month it had raised US$4 billion in fresh funding, valuing the company at US$30 billion.

According to CB Insights, a data and analytics provider, that valuation ranked it as the world’s fourth-largest “unicorn” — technology startups valued at US$1 billion or more.

Led by serial entrepreneur Wang Xing, Meituan-Dianping’s backers include Tencent, Sequoia Capital Ltd., Singaporean state investors GIC Pte Ltd. and Temasek.

An IPO could take place as early as the first half of 2018, according to one of the sources.

Meituan-Dianping has started initial conversations with potential advisors to work on an IPO plan, two of the sources said.

(SD-Agencies)

 

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