The company, which holds the largest share of China's mobile ticket retail market, is backed by Tencent, Meituan-Dianping and Enlight Media.
China-based mobile ticketing platform Maoyan Weiying expects to raise about $1bn in an initial public offering in Hong Kong that would allow several corporate investors to exit, Bloomberg reported on Friday.
The company, which is backed by internet group Tencent, online services provider Meituan-Dianping and entertainment producer Enlight Media, has begun talks with prospective advisors for the IPO, which it plans to launch later this year, according to people with knowledge of the matter.
Two of China’s most popular event…
