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China's Meituan-Dianping raises $4 billion, valuing firm at $30 billion

China's Meituan-Dianping raises $4 billion, valuing firm at $30 billion

Postby smix » Thu Oct 19, 2017 4:24 pm

China's Meituan-Dianping raises $4 billion, valuing firm at $30 billion
Reuters

URL: http://www.reuters.com/article/us-meitu ... SKBN1CO0C5
Category: technologyNews
Published: Thu, 19 Oct 2017 01:11:50 -0400

Description: BEIJING (Reuters) - Meituan-Dianping on Thursday said it has raised $4 billion in a funding round that values China's largest on-demand services provider at $30 billion, as part of a strategy to compete with the country's leading e-commerce firms in offline retail.
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