19 Oct

Chinese local services giant Meituan-Dianping raises $4B led by Tencent and Priceline

 There’s a huge funding round from one of the top local services companies in China. Meituan-Dianping, a company formed by a multi-billion dollar merger in 2015, said today that it has raised a $4 billion Seres C round from a group of investors led by existing backer Tencent. Others involved include Sequoia, GIC, Canada Pension Plan Investment Board, Trustbridge Partners, Coatue, IDG,… Read More
Source: TechCrunch – Funding and Exits

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