Rumor: Tencent Acquires Dianping
TechWeb, 1/24/14
According to sources close to the matter, Chinese internet and mobile services firm Tencent (0700.HK) has acquired online ratings and group buy site Dianping.
Neither Tencent nor Dianping has commented on the matter.
Editor's Note: For more information on this topic, please see "Dianping Denies Baidu Acquisition Rumor," MD 10/24/13 issue. According to recent data from Dianping, Q4 2013 Dianping page views (PV) reached 3.5 bln (PC+mobile), more than 75% of which took place via mobile devices.
Keywords: Internet Tencent Dianping 0700.HK online ratings group buying M&A online reviews wireless
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