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Wednesday, April 21, 2021

Meituan raises $10 bln for self-driving cars, drone delivery


HONG KONG (AP) — Chinese food delivery giant Meituan raised nearly $10 billion in a sale of convertible bonds and additional shares and plans to invest those funds in developing and expanding delivery technologies. The Beijing-based firm, China’s largest food delivery platform, said in a filing to the Hong Kong stock exchange that it sold […]

source https://www.seattletimes.com/business/meituan-raises-10-bln-for-self-driving-cars-drone-delivery/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_technology

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