Meituan founder donates $2.27 billion shares as charity grips Chinese billionaires
By Reuters Staff
BEIJING (Reuters) – The founder of food delivery giant Meituan will donate shares worth about $2.27 billion to his personal charity, a stock exchange filing late on Thursday showed, making him the latest Chinese tech billionaire to make such a gesture.
FILE PHOTO: Wang Xing, CEO of Meituan-Dianping attends at the World Internet Conference (WIC) in Wuzhen, Zhejiang province, China, October 20, 2019. REUTERS/Aly Song
The donation of shares by Chief Executive Wang Xing comes as Meituan…