Meituan
Meituan CEO Wang Xing cuts holdings in Li Auto
Wang Xing has cashed out HK$420 million in the past half month by cutting his stake in Li Auto, but remains the NEV maker's largest external shareholder.
Meituan's unmanned delivery vehicle gets involved in collision and takes full responsibility
This is the first accident in the driverless industry in which the owner of the unmanned vehicle took full responsibility.
Li Auto's abandoned product to come back to life as Meituan's unmanned delivery vehicle
The SEV was the first product developed by Li Auto at its inception, but it proved to be a failure and development was discontinued three years ago. After that, Li Auto focused its efforts on the Li ONE.
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.
Factbox: Meituan is Li Auto's second largest shareholder with 14.5% stake
Five-year-old Chinese EV player Li Auto filed a prospectus with the SEC yesterday in preparation for its listing on the Nasdaq under the symbol "LI". Once Li Auto goes public, it will become the second Chinese smart electric car company to go public in the U.S. after Nio.
Chinese food delivery firm Meituan plans $500m investment in EV maker Lixiang
Chinese electric vehicle startup Lixiang Automotive is on the verge of raising $550 million in Series D funding that is led by Chinese food delivery firm Meituan, according to LatePost.