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      • BEIJING/HONG KONG (Reuters) - China's two biggest online-to-offline (O2O) service providers, backed separately by rivals Alibaba Group Holding and Tencent Holdings, announced a merger, as Internet firms join forces to prosper in a highly competitive market.
      www.reuters.com/article/technology/chinas-meituan-dianping-merging-to-form-dominant-o2o-player-idUSKCN0S216L/
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  2. Sep 13, 2018 · 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...

  3. Nov 15, 2022 · The board of Tencent Holdings Limited intend to spin-off 15.5% stake in Meituan on November 16, 2022. Tencent has resolved to declare a special interim dividend in the form of a distribution in...

  4. Dianping is backed by Tencent, while Meituan has received funding from Alibaba. The financial details of the merger are not disclosed. “This strategic cooperation is strongly supported by...

  5. Oct 8, 2015 · BEIJING/HONG KONG (Reuters) - China's two biggest online-to-offline (O2O) service providers, backed separately by rivals Alibaba Group Holding and Tencent Holdings, announced a merger, as...

  6. Aug 3, 2017 · Advertisement. By Julie Zhu HONG KONG (Reuters) - Online Chinese services firm Meituan-Dianping, backed by Tencent Holdings, is in talks with prospective investors to raise up to $5 billion,...

  7. Aug 16, 2022 · HONG KONG, Aug 16 (Reuters) - China's Tencent Holdings (0700.HK) plans to sell all or a bulk of its $24 billion stake in food delivery firm Meituan (3690.HK) to placate domestic regulators and...

  8. Nov 16, 2022 · Chinese tech group Tencent on Wednesday said it would “distribute” the majority of its $22bn stake in Meituan, a food delivery company, in dividend, as it works to reduce its holdings in the...