Meituan established a technology company in Wenzhou with a registered capital of 5 million US dollars.

Tianyancha App shows that recently, Wenzhou Xiangqi Technology Co., Ltd. was established, with Sun Keqing as the legal representative and a registered capital of 5 million US dollars. Its business scope includes software development, information technology consulting services, shared bicycle services, etc., with full ownership held by Xigua Limited.