World’s top 10 unicorn tech companies

By Zhang Jie | chinadaily.com.cn | Updated: 2018-01-09 07:09
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No 4 Meituan-Dianping, China

A Meituan courier waits for food for delivery in front of a store at a shopping mall in Guangzhou, Guangdong province, Oct 30, 2017. [Photo/IC]

The platform is a multiservice provider that offers group buying and online-to-offline food delivery. It was formed in 2015 when the group-buying website Meituan merged with the restaurant rating and review website Dianping.

On Dec 20, the platform announced expansion of its car-hailing service to seven Chinese cities including Beijing, Shanghai, Chengdu and Hangzhou.

After a new round of fundraising in October yielding $4 billion, Meituan-Dianping is valued at $30 billion, news website Caijing reported Dec 20.

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