UPDATE 3-China’s Meituan Dianping sets HK IPO valuation at up to $55 bln -sources

1 Sep 2018

SINGAPORE/HONG KONG, Sept 1 (Reuters/IFR) – China's Meituan
Dianping, an online food delivery-to-ticketing services
platform, has set an indicative price range of HK$60 to HK$72
($7.64-$9.17) per share for its initial public offering (IPO) in
Hong Kong, valuing itself at up to $55 billion, four people with
direct knowledge of the matter said.

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