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B2B Wine E-commerce Platform 'E Jiupi' Wins USD 200 Mln Series D

36Kr.com, 9/20/18

Beijing-based Yi Jiupi E-Commerce, operator of online and mobile wine B2B e-commerce platform E Jiupi, recently announced the completion of USD 200 mln in Series D funding at a valuation of USD 1.1 bln, making it China's latest entry to the internet unicorn club. Read More

Koubei Invests RMB 100 Mln in Online Wedding Service Provider Huanxiong

36Kr.com, 6/15/18

Hangzhou-based Huanxiong Technology, developer of mobile wedding services app Licheng, recently completed approximately RMB 100 mln in Series B funding from online and mobile local life service platform Koubei, an affiliate of Chinese internet conglomerate Alibaba Group (NYSE: BABA). Read More

Rumor: Meituan-Dianping in Talks with Convenience Stores on Partnership, Investment

Tencent Finance, 3/12/18

Chinese online ratings, group buy, and food O2O business Meituan-Dianping's "big retail" business group, formed in December 2017, is reportedly exploring investment and partnership opportunities with convenience store operators, according to online media outlet Tencent Finance. Read More

Meituan-Dianping, Chinese Government Ally on Credit Information Sharing

China Securities Journal, 3/07/18

Chinese online ratings, group buy, and food O2O business Meituan-Dianping and China's National Development and Reform Commission (NDRC) and State Information Center (SIC) recently signed a credit information sharing partnership agreement, according to which the parties will use the NDRC-managed "Credit China" website to share credit-related information resources and accelerate the introduction of coordinated rewards and disincentives in the finance domain. Read More

Meituan Travel's July 2017 Hotel Room Bookings Up 50% YoY

Chinanews.com, 8/07/17

Meituan Travel, the travel channel operated by Chinese online ratings, group buy, and food O2O business Meituan-Dianping, recently said that its hotel business recorded over 18 mln room reservations in July, an increase of 50% YoY, and that monthly hotel night bookings also reached 17 mln this past April. Read More

Meituan-Dianping to Set Up RMB 3 Bln Industry Fund

iHeima, 2/21/17

Wang Xing, CEO of Chinese online ratings, group buy, and food O2O business Meituan-Dianping, recently revealed that the company plans to set up a new RMB 3 bln Meituan-Dianping Industry Fund, which will be led by Chen Shaohui, a senior vice president at Meituan-Dianping. Read More

Meituan-Dianping Wins Regulatory Approval for Private Bank, Small Loans Business

Sina Tech, 12/27/16

The China Banking Regulatory Commission (CBRC) has granted approval to Jilin-based private bank Yilian Bank, of which Meituan-Dianping, the company formed by the merger of group buy site Meituan.com and online ratings site Dianping.com, is the parent company. Read More

Meituan-Dianping Acquires Third-Party Payment Solution Provider QiandaiPay

iFeng Finance, 9/26/16

Meituan-Dianping, the company formed by the merger of Chinese group buy site Meituan.com and online ratings and group buy site Dianping, recently announced that it had completed its acquisition of Qiandai (Beijing) Information Technology, operator of internet payment solution QiandaiPay. Read More

Rumor: Enlight Media Buys Stake in Meituan-Dianping's Movie Ticketing Business

Tech2ipo, 5/23/16

Beijing-based television and film company Enlight Media (300251.SZ) has reportedly completed the acquisition of a stake in online ratings and group buy platform Meituan-Dianping's online movie ticketing service Maoyan Dianying, according to a number of sources familiar with the matter. Read More

Rumor: Meituan-Dianping Seeks Pre-IPO Funding

Iyiou, 2/18/16

Meituan-Dianping, the company formed by the merger of Chinese group buy site Meituan and online ratings and group buy site Dianping, reportedly issued a prospectus for a pre-IPO funding round expected to be in the region of RMB 200 mln, with a minimum investment of RMB 3 mln, according to a business prospectus obtained by Chinese media outlets. Read More