Investing in O2O firms for synergy
CHINA’S leading online-to-offline service provider Meituan-Dianping has received funding from retail conglomerate China Resources’ startup investment fund, as online and offline companies leverage their advantages to synergize their businesses.
The two parties expect to collaborate on the food delivery business by tapping China Resources’ extensive offline retail network, according to a joint statement yesterday.
China Resources said the strategic investment in Meituan-Dianping fits its efforts well to explore new O2O business models.
China Resources’ retail outlets, including CR Vanguard, Ole, Vango and Pacific Coffee, will become an integral part of Meituan-Dianping’s on-demand food delivery service in the future.
It will also leverage Meituan-Dianping’s technology and data-analyzing techniques.
Beijing-based Meituan and Shanghai-based Dianping merged in October.
- About Us
- |
- Terms of Use
- |
- RSS
- |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证:沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证:31120180004
- |
- 网络视听许可证:0909346
- |
- 广播电视节目制作许可证:沪字第354号
- |
- 增值电信业务经营许可证:沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.