VC firms invest
By Ding Yining |
April 27, 2011, Wednesday
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Print Edition
Print Edition
SHANGHAI-BASED Dianping.com, which collects user reviews and recommendations of restaurants, shopping and entertainment services, yesterday said it has secured US$100 million from four venture capital firms.
The four firms included Sequoia Capital, Qiming Ventures, Trust Bridge Partners and Lightspeed Venture Partners.
The money will be used to expand its group-buying business to nearly 30 cities.
The four firms included Sequoia Capital, Qiming Ventures, Trust Bridge Partners and Lightspeed Venture Partners.
The money will be used to expand its group-buying business to nearly 30 cities.
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