Han Kun advises Meituan on its share placement and convertible bond issuance
April, 2021 - Beijing, Mainland China
Han Kun has acted as PRC counsel to Meituan (Stock Code 3690) in its placement of shares and issuance of convertible bonds, raising funds of approximately US$9.6 billion.
Meituan is China's leading e-commerce platform for services. The net proceeds from this transaction are intended to be used for technology innovations, including the research and development of autonomous delivery vehicles, drones delivery, and other cutting-edge technology, and general corporate purposes.
