| Singapore state investment fund Temasek Holdings Pte Ltd is among several investor that participated Chinese restaurant-review and group-buying services app Dianping Holdings Ltd’s latest $800 million funding round, a report said. The Wall Street Journal in a recent report said Shanghai-based startup Dianping had raised $850 million from a group of investors including smartphone maker Xiaomi Corp.
The other investors participating in the fundraising round include Internet company Tencent Holdings Ltd, Temasek Holdings, private-equity firm FountainVest Partners and Chinese conglomerates Wanda Group and Fosun Group, the report added quoting an unnamed executive familiar with the development...............................................Full Article: Source
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