Dianping lately launched any meals delivery support and is actually also within the technique of constructing an accommodation booking service.. Baidu reportedly attempted in order to buyout Dianping regarding $2 billion final tranny chat October.
Tags: Dianping, Tencent
Report: Tencent provides purchased a $400 million stake throughout Dianping
Between 2005 and also 2010, Dianping raised funding from investors just like Sequoia Richesse China and also Google China. The Actual document claims that Tencent purchased a 20-25% stake throughout Dianping at a valuation of among $1.8 billion in order to $2 billion.
Dianping will be hitting around 90 million monthly active visitors. You will find about eight million merchants along with 30 million ratings/reviews upon their particular platform. The Actual offer might be announced this week. Dianping has been founded in 2003 and is the largest ratings/reviews support throughout China.
Report: Tencent provides purchased a $400 million stake in DianpingTags: Dianping, Startups, Tencent, Tencent Holdings
Tencent provides acquired a $400 million stake throughout Dianping, a new Chinese equivalent regarding Yelp. Dianping reportedly provides no fascination in a full acquisition because they will are planning in order to IPO inside the actual next five years