Beijing-based Chinese group discount platform Meituan.com has received US$700 million new round of financing based on a valuation of US$7 billion, according to the announcement in its Weibo account. Details of the investors are not disclosed. The group's turnover for the year 2014 surged by 180% to RMB$46 billion (US$7.4 billion), according to the announcement. […]<\/p>\n
Visit ChinaMoneyNetwork.com<\/b><\/a> for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod<\/a> subscribe to all episodes on iTunes<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":" Beijing-based Chinese group discount platform Meituan.com has received US$700 million new round of financing based on a valuation of US$7 billion, according to the announcement in its Weibo account. Details of the investors are not disclosed. The group's turnover for the year 2014 surged by 180% to RMB$46 billion (US$7.4 billion), according to the announcement. […]<\/p>\n Visit ChinaMoneyNetwork.com<\/b><\/a> for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod<\/a> subscribe to all episodes on iTunes<\/a>.<\/p>\n","protected":false},"author":154,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[807,194,1623],"tags":[6821,4567,6620,3952],"class_list":["post-28096","post","type-post","status-publish","format-standard","hentry","category-investments","category-news-chinese-law","category-venture-capital","tag-china-o2o","tag-funds","tag-group-buying-sites","tag-investment-news"],"_links":{"self":[{"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/posts\/28096","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/users\/154"}],"replies":[{"embeddable":true,"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/comments?post=28096"}],"version-history":[{"count":1,"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/posts\/28096\/revisions"}],"predecessor-version":[{"id":28097,"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/posts\/28096\/revisions\/28097"}],"wp:attachment":[{"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/media?parent=28096"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/categories?post=28096"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/tags?post=28096"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}