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Dianping Leads $22M Investment in Meican to Further Foray into Online Food Ordering

by Emma Lee Apr 8, 2015Jun 7, 2020

The emergence of local food ordering services is fueling a Chinese trend where local diners are promised greater convenience and access to restaurant menus. Some 20.1% of Chinese internet users used online food ordering services in first half of 2014, according to iMedia research. The booming market has made the sector a regular recipient of […]

Posted inNews

China’s Meituan and Dianping Merge To Form O2O Giant

by Tracey Xiang Oct 8, 2015Jun 7, 2020

Meituan and Dianping, the two leading group-buying providers, often dubbed the respective Groupon and Yelp of China, have agreed to form a joint venture with equal shares valued between $15 billion and $17 billion USD, according to statements from both companies and their investors. The match-up marks the end of another O2O service war in China, […]

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  • Li Auto says vehicle battery not at fault in Sichuan fire Aug 5, 2022
  • Meet the Chinese carmakers racing to get a larger share of the global markets Aug 5, 2022
  • Tesla will start using manganese batteries for its China-built Model Y: report Aug 5, 2022
  • Nio registers new company for smartphone business Aug 5, 2022
  • Jobs platform Boss Zhipin to potentially cut workforce by 10% every six months: report Aug 5, 2022

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