• Meituan's founder said to have once borrowed $285 million from Goldman Sachs to invest in Li Auto Li Auto

    Meituan's founder said to have once borrowed $285 million from Goldman Sachs to invest in Li Auto

    Wang Xing, the founder, and CEO of China's online service super-app Meituan, at one time, pledged his shares in Meituan to Goldman Sachs and borrowed $285 million to invest in Chinese EV maker Li Auto, according to a veteran media personality.

    Feb 4, 2021 10:06 pm
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