Source: ChinaPulse

Meicai: Chinese e-commerce platform Meicai becomes latest mainland firm to shelve US IPO plan as tightened scrutiny unnerves issuers

Meicai, an e-commerce platform that connects restaurants with suppliers of fresh produce, has become the latest company to postpone its plan for a US listing, according to people familiar with the situation. The move comes as Chinese regulators' investigation of [Didi Chuxing](tag/didi-chuxing) and other internet companies' data collection practices has rattled potential new issuers....This data comes from the ChinaPulse.com media intelligence and smart news insights monitoring platform.

Read full article »
Est. Annual Revenue
$100-500M
Est. Employees
250-500
Liu Chuanjun's photo - Founder & CEO of Meicai

Founder & CEO

Liu Chuanjun

CEO Approval Rating

89/100

Read more