China’s latest multibillion-dollar IPO is an app offering everything from hot pot to haircuts

Movie tickets. Lunch delivery. Haircuts. Babysitting. Yoga classes. Coupons. Home repairs. It’s entirely possible for Chinese consumers to fill out a day’s worth of errands, entertainment, and eating entirely using a single company’s apps.

Thanks to them, Meituan Dianping—an e-commerce company that specializes in selling an enormous variety of services—could be heading for one of the year’s blockbuster IPOs. The company filed for an IPO (pdf) Monday (June 25) with the Hong Kong...

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