HONG KONG: The online arms race in China continues. Local-deals specialist Meituan-Dianping has just raised more than US$3.3bil (RM14.45bil).
That's a huge sum for a startup, eclipsing the US$2.1bil (RM9.19bil) that Uber, the world's most valuable venture capital-backed outfit, is reportedly seeking.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!