[ TRANSACTION RECORD ]

TX-273

VERIFIED VECTOR ID: 002177 · tx-273
M SOURCE NODE — FUNDER
— No Funder Linked —
—
$1,000,000,000
EQUITY
10/01/2024
Q DESTINATION NODE — RECIPIENT
Meituan Digital Platform
SPV China
Amount (USD)
$1.0B
Flow Type
EQUITY
Transaction Date
10/01/2024
Primary Source
View Filing ↗
Funder Profile [ M ]
Entity —
AUM —
HQ Location —
Sector —
Recipient Profile [ Q ]
Entity Meituan Digital Platform
Entity Type SPV
Jurisdiction China
Intelligence Note

Meituan announced its first-ever 1 billion dollar share repurchase program to return value to its institutional shareholders following the company’s achievement of sustained operational efficiency. This transaction reflects the company’s financial maturity in the on-demand delivery and lifestyle services market. The deal signals a shift toward capital discipline for the leading Chinese tech platform.

Σ
Primary Forensic Source https://about.meituan.com/en/news/meituan-announces-share-repurchase/
✓ SOURCE LINKED