June 29, 2023, 11:55 a.m. |

Techmeme www.techmeme.com


John Biju / Reuters:

Chinese food delivery giant Meituan plans to acquire AI startup Light Year from Meituan co-founder Wang Huiwen for ~$233.7M in cash and ~$50.7M in debt  —  Chinese food delivery giant Meituan (3690.HK) said on Thursday that it is acquiring artificial intelligence (AI) company Light Year …

chinese co-founder debt delivery food food delivery founder john light reuters startup

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