Meituan co-founder cashes out US$44.3 million amid Chinese stock rally

Meituan co-founder cashes out US$44.3 million amid Chinese stock rally

A Meituan co-founder sold 2 million shares, worth US$44.3 million, amid a Chinese stock rally. Meituan's revenue and profit surged, and the company issued US$2.5 billion in senior notes.

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