Tencent-backed Meituan raises $4.2 billion in IPO priced near range top-sources

This post was originally published on this site

HONG KONG (Reuters/IFR) – Chinese online food delivery-to-ticketing services firm Meituan Dianping raised $4.2 billion in the world’s biggest internet-focused IPO in four years as it priced the float near the top end of a marketed range, people close to the deal said.