Source: South China Morning PostMeituan, China’s dominant food delivery platform, raised almost US$10 billion of additional funds overnight to finance its push into using autonomous vehicles and aerial drones in its operations.The Beijing-based company raised US$6.588 billion by selling additional shares at HK$273.25 (US$35.25) each, and sold about US$3 billion of convertible bonds. The top-up shares placement, equivalent to 3.2 per cent of the company’s equity, was made at the top end of a marketing range of between HK$265…Read More