China's Meituan Dianping to focus on domestic market after $4.4b HK IPO

China's Meituan Dianping to focus on domestic market after $4.4b HK IPO

REUTERS/Thomas White/Illustration

China’s Meituan Dianping, an online food delivery-to-ticketing services platform, confirmed it had filed for an up to $4.4 billion Hong Kong IPO and said it will focus on its domestic business instead of overseas expansion in the near future.

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