Mobike will sell to meituan for a total consideration of $3.7 billion

photo©qicycling

Mobike will sell to meituan for a total consideration of $3.7 billion, including actual pricing of $2.7 billion ($1.2 billion in cash and $1.5 billion in equity) and $1 billion in debt. However, Mobike and Meituan both declined to comment.

Mobike is not very good recently. First overseas plans were repeatedly blocked, followed by a lack of investment, and finally began to default on supplier funds. If meituan acquires Mobike, it will improve the current situation in Mobai.

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