On July 20 18 16, Meituan-Dianping (hereinafter referred to as "Xinmeida"), a life service e-commerce platform, announced that it had won the strategic investment from China Resources Venture Alliance and the fund, and the two parties would establish comprehensive strategic cooperation.
On July 20 18, the public comment added the function of "disabling all social relationships of third parties with one button". After selecting this function, users can stop paying attention to WeChat friends with one click and cancel paying attention. ?
After the merger, the personnel structure of both parties will remain unchanged, and their respective brands and businesses will operate independently. The new company will implement the system of co-CEO, with Wang Xing, CEO of Meituan, and Zhang Tao, CEO of Public Comment, as co-CEO and co-chairman.
Major decisions will be made at the level of co-CEO and board of directors. The valuation of the new company exceeds $654.38+0.5 billion. The transaction was strongly supported by Alibaba, Tencent and Sequoia shareholders, and Huaxing Capital served as the exclusive financial advisor for both parties. ?