Editor’s note: A version of this article by Tingyi Chen first appeared on WalktheChat. WalktheChat specializes in helping foreign organizations access the Chinese market through WeChat, the largest social network on the mainland.
Meituan, a company focused on providing lifestyle O2O services, is planning on its IPO aiming to value $60-80 billion. The company was valued at $30 billion during its last funding round in October 2017, ranking Meituan behind Xiaomi and above Airbnb.
Lately, Meituan has made some bold moves:
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