When did Meituan Dianping go public?

On September 20, 2018 Meituan Dianping debuted on the Hong Kong stock exchange at an IPO price of HK$69 per share. The company was renamed from "Meituan Dianping" to Meituan with effect from September 30, 2020.

How high is Meituan Dianping registered SHS unitary 144a-reg s stock?

The high in the last 52 weeks of Meituan Dianping Registered Shs Unitary 144A-Reg S stock was 25.60. According to the current price, Meituan Dianping Registered Shs Unitary 144A-Reg S is 51.79% away from the 52-week high.

Is Alibaba backing Meituan-Dianping?

Since Alibaba sold its Meituan stock, the Hangzhou-based giant has backed some of Meituan’s key competitors including food delivery app Ele.me and local commerce platform Koubei. But Meituan-Dianping has years of data backing it against its existing competitors and any potential new entrants.

What is Meituan Dianping's 'cross-selling' strategy?

Meituan Dianping adopted the ‘discounts to lure people to use the app’ strategy on the surface but maintained an overall strategy that involved the merging of food + platform formula. In marketing terms, it is called the ‘cross-selling’ strategy, but Meituan leveraged it differently.