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Asia Times

Covering geo-political news and current affairs across Asia

Tag: Wang Xiaofeng

Posted inBeijing, China

Meituan.com acquires US$3.7 bn stake in Mobike

by Asia Times staff April 4, 2018February 18, 2020

Meituan.com, a Chinese group buying website, has secured a major stake in bike-sharing startup Mobike, with a rumored capital injection of US$3.7 billion, Yicai.com reported. While the cash amount remained unconfirmed, it was reported that the deal was brokered by Ma Huateng, also known as Pony Ma, CEO of Tencent, which is a big backer of […]

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