In June 2015, Tencent’s rival Baidu claimed it will invest US$3 billion in Nuomi, a service that competes in the*same market as Meituan-Dianping * Less than a month after two of China’s largest on-demand services companies Meituan and Dianping came together in a landmark merger, Tencent Holdings Ltd is seeking to invest US$1 billion in...
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The post Tencent looks to invest US$1 billion in Meituan-Dianping appeared first on e27.
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