(Reuters) – Chinese food delivery giant Meituan said on Thursday its units are buying Light Year, an artificial intelligence company, from the firm’s co-founder and former director Wang Huiwen.
The total deal includes $233.7 million in cash and 366.9 million yuan ($50.66 million) worth of debt, Meituan said.
(Reporting by John Biju in Bengaluru; Editing by Shailesh Kuber)
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