https://www.cnet.com/news/chinas-version-of-yelp-files-for-ipo-in-hong-kong-meituan-dianping/

Meituan Dianping has officially filed for an initial public offering in Hong Kong, according to regulatory documents listed on the Hong Kong stock exchange Sunday, according to Reuters. Meituan is backed by Tencent, the owner of China's WhatsApp-equivalent WeChat and the first tech company in Asia to cross $500 billion in valuation last November.

The Yelp-like company follows in the footsteps of Xiaomi, the Chinese phone maker that sought to woo an IPO in the city last month. It also comes after Meituan bought bike sharing operator Mobike for a whopping $2.7 billion in April.