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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

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

Meituan Sets 2015 Sales Target of RMB 100 Bln

Sina Tech, 2/24/13

Wang Xing, founder of Chinese group buy site Meituan, announced yesterday during the company's 2013 annual meeting that sales had reached RMB 140 mln in 2010, RMB 1.46 bln in 2011, and RMB 5.55 bln in 2012. Read More

Meituan Obtains Second-Round Funding

Sina Tech, 7/05/11

Chinese group buy site Meituan has announced that it recently obtained an eight-digit USD sum in second-round funding, led in part by Meituan's first-round investor, Sequoia Capital. Read More

Group Buy Sites Meituan, Lashou, Didatuan Seek Funds

China Business News, 2/21/11

Wang Xing, CEO of Chinese group buy site Meituan.com, has revealed that the company is in talks to obtain second-round funding. Read More

Rumor: Fanfou Receives Eight Figure RMB Funding

TechWeb, 1/06/11

Chinese microblogging platform Fanfou, originally founded by serial entrepreneur Wang Xing, has received tens of millions of RMB in VC funding from Green Pine Capital Partners. Read More

Rumor: Groupon to Acquire China Group Buy Site

Sina Tech, 8/13/10

US-based group purchasing website Groupon is stepping up efforts to enter the China market, an industry source says, and is in talks with Chinese group buying website 24Quan.com to acquire the site as its China subsidiary. Read More