our conversation with eventbrite chief executive officer julia hartz.ong's second-biggest ipo delivered a bigive start, raising $4.2 billion in a theirsale, of find that increased focus on profitability is resonating with investors. >> we are going super fast and we are close to even. the second segment, we have new initiatives because we believe we will build a large ecosystem for services. i think we will become a more mature and profitable business. emily: joining me to unpack the food giant is our bloomberg reporter alex barinka. how do they plan to use this cash? >> in china, there is a andetition between meituan alibaba, the only two companies gain this huge $1.3 billion market. my guess is that it will go back to china to grow that business. alibaba has been pushing subsidies into the market to make achieve for customers to purchase foot on their platform and grab market share. meituana has had to really compete. it is a really profitable business and investors will be watching. that is where i think the majority of the spending will actually go