Davis Polk advised the initial purchasers in connection with the Rule 144A/Regulation S offering by Meituan of $750 million 2.125% senior notes due 2025 and $1.25 billion 3.050% senior notes due 2030.

Meituan, whose shares are listed on the Hong Kong Stock Exchange, is China’s leading e-commerce platform for services. They focus on a “food + platform” strategy to drive value propositions for both consumers and merchants and are a pioneer of the service e-commerce model globally. Their platform uses technology to connect consumers and merchants and accelerate digitization on both consumer purchases and merchant operations.

The Davis Polk corporate team included partners Li He and Gerhard Radtke, counsel Bingqing Pan, associate Tonny Yu and registered foreign lawyer Allie Ma. Associate Summer Xia provided tax advice. Members of the Davis Polk team are based in the Hong Kong and London offices.