China delivery giant Meituan raises $10 billion - a warchest for drones, self-driving cars
https://www.reuters.com/article/us-meituan-bonds/china-delivery-giant-meituan-raises-10-billion-a-warchest-for-drones-self-driving-cars-idUSKBN2C70QO
Food delivery behemoth Meituan has raised $10 billion in a stock and convertible bonds sale, underscoring strong investor faith in the growth prospects of some Chinese tech firms despite a regulatory clampdown on the sector.
China delivery giant Meituan raises $10 billion - a warchest for drones, self-driving cars
Apr 20, 2021, 8:37am UTC
https://www.reuters.com/article/us-meituan-bonds/china-delivery-giant-meituan-raises-10-billion-a-warchest-for-drones-self-driving-cars-idUSKBN2C70QO
>Food delivery behemoth Meituan has raised $10 billion in a stock and convertible bonds sale, underscoring strong investor faith in the growth prospects of some Chinese tech firms despite a regulatory clampdown on the sector.