Meituan

Tencent-backed Meituan-Dianping has turned a slew of local tech giants into nemesis as it keeps expanding its scope of businesses.

Meituan-Dianping is the world’s #4 most valuable startup according to CB Insights.

China’s ride-hailing companies are likely to ignite another price war

Meituan-Dianping is itself a leading player in China’s food delivery scene.

Meituan-Dianping, Meituan Travel’s parent company, is the world’s #4 most valuable startup.

Plus, ComforDelGro is spending RMB 71.6 million (S$15 million) to acquire 217 taxi licenses and vehicles to expand its taxi business in Shenyang, China. Spotify reports a billion euros ($1.2 billion)

Empowering mom-and-pop stores can be accomplished only when quality goods are supplied and efficient transaction is guaranteed

In 2015, Dianping merged with its rival Meituan to form Meituan-Dianping, which is now worth $30B and the fourth most valuable startup in the world.