China's online service giant Meituan plans massive IPO

China's online service giant Meituan plans massive IPO

6 years ago
Anonymous $cyhBy-qkd5

https://phys.org/news/2018-06-china-online-giant-meituan-massive.html

The file did not disclose which day it will list or the amount of cash it aims to raise, but Bloomberg News reported the firm was said to have been targeting a $6 billion fundraising at a valuation of about $60 billion.

The scale would be around the same level as smartphone maker Xiaomi's announced goal of $6.1 billion, which Bloomberg said would be the world's biggest IPO for two years. Xiaomi is expected to list on July 9.

China's online service giant Meituan plans massive IPO

Jun 25, 2018, 1:40pm UTC
https://phys.org/news/2018-06-china-online-giant-meituan-massive.html > The file did not disclose which day it will list or the amount of cash it aims to raise, but Bloomberg News reported the firm was said to have been targeting a $6 billion fundraising at a valuation of about $60 billion. > The scale would be around the same level as smartphone maker Xiaomi's announced goal of $6.1 billion, which Bloomberg said would be the world's biggest IPO for two years. Xiaomi is expected to list on July 9.