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 Meituan-Dianping, China’s largest group deals site, confirmed that it has closed a colossal $3.3 billion round at a valuation of $18 billion. The company claims that this is the largest single funding round ever raised by a venture-backed Internet startup in China. Read More
http://techcrunch.com/2016/01/20/meituan-dianping-loads-of-yuan/?ncid=rss
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