Meituan Appoints ICR as Strategic Communications Advisor
BEIJING, June 22, 2018 — Meituan Dianping, China’s leading e-commerce platform for services, has retained ICR, Inc., a leading global strategic communications and advisory firm, to support the Company’s public and investor relations.
In this role, ICR will provide Meituan assistance in building relationships with international, English-language business, financial, and industry media and enhance the Company’s international investor communications and shareholder outreach efforts in North America.
As a leading strategic communications advisor that has focused on Asian companies since 2006, ICR is positioned to support Meituan’s communications objectives with the development and implementation of sophisticated global communications strategies that will improve understanding of the company’s story and potential across all audiences.
Meituan offers a one-stop daily life services platform that improves the lives of consumers with a focus on mass-market, essential and high-frequency service categories, reaching users in 2,800 cities and towns across China. The platform served more than 310 million transacting users and 4.4 million active merchants in 2017.
In October, Meituan announced that it had raised $4 billion in its Series C financing round led by Tencent, which also included investment from The Priceline Group, Sequoia Capital, GIC, the Canada Pension Plan Investment Board, Trustbridge Partners, Coatue Management, IDG Capital, Tiger Global Management, and the China-UAE Investment Cooperation Fund.
Established in 1998, ICR partners with companies to optimize transactions through ICR Capital and executes strategic communications programs that achieve business goals, build credibility and enhance long-term enterprise value. The firm’s highly differentiated service model, which pairs capital markets veterans with senior communications professionals, brings deep sector knowledge and relationships to more than 550 clients in approximately 20 industries. Today, ICR is one of the largest and most experienced independent communications and advisory firms in North America maintaining offices in New York, Norwalk, Boston, San Francisco, and Beijing.
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