China’s largest online provider of on-demand services, Meituan-Dianping, is reportedly raising up to $3 billion in fresh funds, with Tencent expected to throw in $1 billion of it, according to a report by The Wall Street Journal on Monday. Tencent is an existing investor in restaurant-review website Dianping (akin to Yelp), which merged with group-buying website […]
China's largest on-demand startup reportedly raising up to $3B at $20B valuation led by Tencent
Venture Beat - 2 Nov 2015 20:30
China’s largest online provider of on-demand services, Meituan-Dianping, is reportedly raising up to $3 billion in fresh funds, with Tencent expected to throw in $1 billion of it, according to a report by The Wall Street Journal on Monday. Tencent is an existing investor in restaurant-review website Dianping (akin to Yelp), which merged with group-buying website […]
Share this Article
Recommended