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Dianping to Invest RMB 300 Mln to Promote Group Buy in 2011

Oriental Morning Post, 4/27/11

Zhang Tao, CEO of online ratings and social bookmarking site Dianping, recently said that the site will invest RMB 300 mln into market promotions for its group buy operations in 2011. Read More

Dianping Obtains USD 100 Mln in VC Funding

Sina Tech, 4/26/11

Chinese online ratings and group-buy LBS Dianping.com announced today that it had received more than USD 100 mln in funding from Trust Bridge Partners, Sequoia Capital, Qiming Venture Partners, and Lightspeed Venture Partners. Read More