China's Meituan-Dianping plans U.S. IPO of at least $3b next year

China's Meituan-Dianping plans U.S. IPO of at least $3b next year

Photo: Reuters

China’s Meituan-Dianping, an online platform for ordering food and booking movies and restaurants, is considering an initial public offering in the United States as soon as next year, five people with knowledge of the matter told Reuters.

A listing could raise at least $3 billion as the company’s investors look to capitalize on the current market bull run, which has taken U.S. stocks to a series of all-time highs.

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