1. Tencent is the largest shareholder of Meituan, holding 21.14% of Class B shares; Wang Xing, chairman and CEO of Meituan Review, holds 573 million Class A shares with 48.41% voting rights, and is the controller of the company.

2. The previous financing process of Meituan was to obtain a Series A financing of $12 million from Sequoia Capital in 2111.

3. In July, 2111, it obtained the Series B financing of $51 million from alibaba and Sequoia Capital.

4. In May, 2114, we obtained a $311 million Series C financing jointly invested by Transatlantic Capital, Sequoia Capital and Alibaba, and valued the Series C of Meituan at about $4 billion. ?

Extended information:

According to the information disclosed in the prospectus of Meituan's listing in Hong Kong, Tencent is the largest shareholder of Meituan, holding 21.14% of Class B shares; Wang Xing, chairman and CEO of Meituan Review, holds 573 million Class A shares with 48.41% voting rights, and is the controller of the company. Referring to competitors, Meituan said that it competes with Alibaba Group and its invested companies in food and beverage take-out and in-store service, and with Ctrip International Co., Ltd. in hotel, tourism and ticketing transportation services.

After the Hong Kong Stock Exchange opened the "same share with different rights", Meituan officially submitted its listing application on June 22nd, and will set up a different voting rights structure. Yesterday, the prospectus was disclosed on the website of the Stock Exchange. Goldman Sachs, Morgan Stanley and Bank of America Merrill Lynch were the co-sponsors of the IPO of Meituan. Meituan commented that the net proceeds from this sale will be used to upgrade technology and enhance research and development capabilities, develop new services and products, selectively acquire or invest in assets and businesses that are complementary to the company's business and in line with the company's strategy, as well as for working capital and general corporate purposes; However, the specific funds raised and the valuation of the US Mission were not disclosed. The prospectus also disclosed some business situations commented by the US Mission.

Reference: What does the prospectus of Xinhuanet-Meituan's listing in Hong Kong say?