China's O2O food delivery platforms have grown quickly - perhaps too quickly.
China's Ele.me has just announced a new B2B business called Youcai aimed at getting small restaurants the ingredients they need.
China today saw a huge tech merger with the official confirmation of a deal to bring together daily deals and food delivery startups Dianping and Meituan.
With the Chinese public markets getting a lot of unwanted attention as of late, I thought it would be interesting to look at the health of its private markets. ...
Between Dianping itself and a couple of other investments, Tencent has China’s growing food delivery sector on lockdown.
China's tech titans used to trample local startups, but now they're offering funding as they seek out partnerships.
China’s startups pulled in well over US$7.5 billion in investment cash in 2014. After all that, let's see who are now the top-funded startups.
Dianping, a Chinese amalgamation of Yelp and Groupon, will soon complete a US$850 million funding round, according to QQ Tech.
This latest round is the largest in a string of large investments Ele.me has seen over the past couple of years.
Tencent participated in nearly three dozen funding rounds this year alone, about half of which were seed, series A, or series B rounds.
As we approach the end of 2014, we can see that the year has been a monumental one for China’s leading startups.
WiWide, a Chinese startup that provides public wifi networks to stores and restaurants, has received a US$49 million series C round from Tencent and Dianping.
There are secrets that are broken; there are secrets taken to the grave; there are state secrets for which people are hanged for betraying – and then there are ...
There are a number of online food ordering services in China, but only one stands out for focusing on delivering food to students living on campus. That’s Ele.m...
Tencent (HKG:0700) is the world’s fourth largest web company, and Alibaba is on the verge of history’s largest tech IPO. Both of these behemoth companies occupy...