Tencent funded Meituan-Dianping files for IPO.
China’s popular all-in-one app Meituan-Dianping filed for an IPO in Hong Kong stock exchange during early trading hours on Monday. Through this public issue, the Tencent backed startup reportedly aims to raise nearly $4 billion at market valuation of approximately $60 billion. Meituan-Dianping has so far refused to comment on…
