ChainCatcher news, Meituan announced on the Hong Kong Stock Exchange that it has completed the acquisition of 100% equity in the domestic and foreign entities of the large model startup Lightyear, with an acquisition price of approximately 2.065 billion RMB. The total consideration includes: cash of 234 million USD; debt assumption of 367 million RMB; cash of 1.00 RMB.Meituan stated: "After the acquisition is completed, we will support the Lightyear team to continue exploring and researching in the field of large models." (source link)

ChainCatcher news, according to the Securities Times, reporters from the Securities Times learned from sources related to Source Code Capital and Beyond Light Year that the news of Beyond Light Year completing a $230 million financing is false, and Beyond Light Year has not recently initiated a new round of financing. (Source link)

ChainCatcher news, according to Quantum Bit, Meituan co-founder Wang Huiwen's AI company Lightyear has completed a $230 million financing round, with a pre-investment valuation of $1 billion, elevating it to the unicorn ranks.It is reported that this round of financing was led by Source Code Capital, with participation from Tencent, Wuyuan Capital, and individual investors including Kuaishou founder Su Hua. (Source link)