Meituan reportedly targets $55B valuation for Hong Kong IPO, leading to concerns that may be too high – TechCrunch

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
Meituan losses widen ahead of Hong Kong IPOFinancial Times
China Startup Meituan Dianping Seeks $55 Billion Valuation in Hong Kong IPOWall Street Journal
China hotpot chain Haidilao starts gauging demand for Hong Kong IPOThe Business Times
South China Morning PostBloombergSplash 247
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Source:: Hong Kong News By Google News

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