Meituan Founder Gives Away $2.3 Billion Stake as Probe Persists

5:50pm PDT - June 3rd, 2021    didi stock - Bloomberg

Meituan founder Wang Xing has donated a $2.3 billion stake in the Chinese food delivery giant to his own philanthropic foundation, joining other internet billionaires in giving back as Beijing mounts a crackdown on the tech sector.