clock menu more-arrow no yes

Wang Xing might bring his $30 billion food services app to the U.S.

Wang is No. 30 on the Recode 100.

Under the helm of CEO Wang Xing, Chinese food-delivery app Meituan-Dianping became the world’s fourth-most valuable startup this year.

A recent $4 billion funding round led by Tencent valued the company at $30 billion — double what it was worth two years ago when group-buying site merged with review site Dianping.

The company delivers goods and services of all stripes — Bloomberg called it a “mashup of Groupon, Yelp, Foodpanda and Uber Eats”— but for all its value and offerings, it’s little known outside the U.S.

But that might not last long. Meituan-Dianping is considering going public on U.S. stock markets, according to Reuters. It would be the most valuable Chinese company to list in the U.S. since Alibaba in 2014.

This article originally appeared on