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Hong Kong, Hong Kong - JULY 30: A smart phone with the the online food delivery apps Meituan is seen on the screen in Hong Kong, Hong Kong, on July 30, 2018. (Photo by S3studio/Getty Images)

Hong Kong, Hong Kong - JULY 30: A smart phone with the the online food delivery apps Meituan is seen on the screen in Hong Kong, Hong Kong, on July 30, 2018. (Photo by S3studio/Getty Images)

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The Meituan Dianping logo is seen on the company's application on an Apple Inc. iPhone in an arranged photograph taken in Hong Kong, China, on Friday, March 23, 2018. Meituan Dianping, the Chinese food reviews and delivery giant backed by Tencent Holdings Ltd., has begun discussions on a Hong Kong initial public offering as soon as this year, according to people familiar with the matter. Photographer: Justin Chin/Bloomberg via Getty Images

The Meituan Dianping logo is seen on the company's application on an Apple Inc. iPhone in an arranged photograph taken in Hong Kong, China, on Friday, March 23, 2018. Meituan Dianping, the Chinese food reviews and delivery giant backed by Tencent Holdings Ltd., has begun discussions on a Hong Kong initial public offering as soon as this year, according to people familiar with the matter. Photographer: Justin Chin/Bloomberg via Getty Images

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Menu icons are displayed on the Meituan application on an Apple Inc. iPhone in an arranged photograph taken in Hong Kong, China, on Friday, March 23, 2018. Meituan Dianping, the Chinese food reviews and delivery giant backed by Tencent Holdings Ltd., has begun discussions on a Hong Kong initial public offering as soon as this year, according to people familiar with the matter. Photographer: Justin Chin/Bloomberg via Getty Images

Menu icons are displayed on the Meituan application on an Apple Inc. iPhone in an arranged photograph taken in Hong Kong, China, on Friday, March 23, 2018. Meituan Dianping, the Chinese food reviews and delivery giant backed by Tencent Holdings Ltd., has begun discussions on a Hong Kong initial public offering as soon as this year, according to people familiar with the matter. Photographer: Justin Chin/Bloomberg via Getty Images

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Meituan Dianping application icons Meituan, clockwise from left, Meituan Waimai, Maoyan and Meituan Wallet are displayed on an Apple Inc. iPhone in an arranged photograph taken in Hong Kong, China, on Friday, March 23, 2018. Meituan Dianping, the Chinese food reviews and delivery giant backed by Tencent Holdings Ltd., has begun discussions on a Hong Kong initial public offering as soon as this year, according to people familiar with the matter. Photographer: Justin Chin/Bloomberg via Getty Images

Meituan Dianping application icons Meituan, clockwise from left, Meituan Waimai, Maoyan and Meituan Wallet are displayed on an Apple Inc. iPhone in an arranged photograph taken in Hong Kong, China, on Friday, March 23, 2018. Meituan Dianping, the Chinese food reviews and delivery giant backed by Tencent Holdings Ltd., has begun discussions on a Hong Kong initial public offering as soon as this year, according to people familiar with the matter. Photographer: Justin Chin/Bloomberg via Getty Images