Meituan Confirms $3.7B Mobike Acquisition To Strengthen Its Mobility Offerings

News Source: China Money Network.

Wang Xing, CEO of Chinese group-buying and location-based services firm Meituan Dianping, has confirmed Meituan’s acquisition of bike sharing firm Mobike in an internal letter reported by local media. (more…)

Meituan Confirms $3.7B Mobike Acquisition To Strengthen Its Mobility Offerings appeared first on China Money Network.

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