India: Paytm seeks $500 million for new business
Paytm in talks to raise $500 million to build New Retail, which will be its attempt to create a business along lines of China’s Koubei & Meituan.
Mobike, Meituan-Dianping set to intensify competition in China’s ride-hailing market
Reigning ride-hailing giant Didi, which successfully pushed Uber out of China in 2016 by acquiring its operations in return for a minority stake, is
O2O platform Meituan-Dianping gets funding from retail giant China Resources
China Resource’s retail outlets including CR Vanguard, Tesco, Ole, Vango and Pacific Coffee will be integrated with Meituan-Dianping’s online plat
Chinese deals firm Meituan-Dianping raises $3.3b in largest VC round in internet startups
Despite the merger of Meituan-Dianping in 2015, how the funds will be disbursed amongst the two, which still operate as different brands, is unclear.