Bloomberg 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. The company is weighing a valuation of at least $60 billion and is considering a listing in China as well if policy conditions ...

Bloomberg A Swedish private-equity firm co-founded by e-commerce pioneer Patrik Hedelin plans to more than double its capital with a new fund, according to people familiar with the process. eEquity aims to raise $183 million for its fourth fund, said the people, who declined to be identified as the information is not yet public. The Stockholm-based firm plans to close ...

Bloomberg A federal rule change about how airlines count the luggage they lose has pitted Southwest Airlines Co., the “bags fly free” carrier, against its two larger rivals, which tend to charge for the privilege of using the cargo hold. For decades, an airline’s lost-bag rate has been calculated by dividing the number of people it flies by the number ...