Meituan Dianping

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Meituan Dianping - Total results - 6
Swiggy raises $43m in Series I round, funds likely to be used to expand new business; company's valuation goes past $3.65 bn
Business

Swiggy raises $43m in Series I round, funds likely to be used to expand new business; company's valuation goes past $3.65 bn

The latest fund-raising comes about 45 days after Swiggy raised $113 million led by South African internet giant Naspers, along with Hadley Harbour Master Investments and Meituan Dianping.

Tencent-backed Meituan raises $4.2 bn in world's biggest internet-focussed IPO priced near range top: Sources
Business

Tencent-backed Meituan raises $4.2 bn in world's biggest internet-focussed IPO priced near range top: Sources

Loss-making Meituan last month set a price range of HK$60 to HK$72 per share for the IPO.

China's Tencent Holdings in talks with global firms to invest in food delivery platform Swiggy
Business

China's Tencent Holdings in talks with global firms to invest in food delivery platform Swiggy

The latest investment, if finalised, will value Swiggy at $2.5-3 billion and will mark the online foods delivery platform's third fundraise this year

Starbucks' departing chairman Howard Schultz backs China prospects, hints at Jack Ma tie-up
Business

Starbucks' departing chairman Howard Schultz backs China prospects, hints at Jack Ma tie-up

China has been a sweet spot for Starbucks for the past few years, with a burgeoning cafe culture driving rapid growth even as the market saturated back home.

Xiaomi's weak IPO debut may spell trouble for upcoming Hong Kong tech listings
News & Analysis

Xiaomi's weak IPO debut may spell trouble for upcoming Hong Kong tech listings

Xiaomi shares closed at HK$16.80, having touched a low of HK$16 in early trade, compared to the IPO price of HK$17 per share.