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Meituan-Dianping Raises over $3.3 bln in Funding Round
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  • //english.dbw.cn  2016-01-20 11:10:30
     

    Chinese Internet company Meituan-Dianping has raised more than 3.3 billion U.S. dollars in its latest funding round.

    No further details have been revealed by the company.

    Alibaba-backed Meituan merged with Tencent-backed Dianping in October last year.

    Meituan-Dianping offers services such as restaurant reviews, food delivery and e-coupon promotions.

    In November, It was reported that Alibaba was seeking to sell its stake in the firm.

    Author:    Source:xinhua    Editor:Yang Fan

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