On September 20, 2018, Chinese online-to-offline (O2O) life services company Meituan-Dianping debuted on the Hong Kong Stock Exchange with an initial public offering price of HK$69 [US$8.80]. Meituan is now valued at US$51 billion, making it the fourth-most valuable Chinese Internet company behind Alibaba, Tencent, and Baidu. Although many Chinese executives took their companies public in 2018, Meituan’s IPO was the most anticipated one. Liang Ning, an expert product manager who lectures at Jack Ma’s entrepreneur school Hupan University and has her own podcast on Dedao app, gives her take on what makes Meituan unique.
About the Author
Liang Ning lectures at Hupan University, a start-up entrepreneur school founded by Alibaba’s Jack Ma and a group of Chinese business leaders. Liang also has an online podcast course on the paid-knowledge app Dedao.