The listings and group buying platform, formed through a merger between Dianping and Meituan, has confirmed the amount but not the investors.
China-based local listings and group buying company China Internet Plus Holdings has raised more than $3.3bn in new funding from undisclosed investors, it confirmed to Tech in Asia today.
The firm counts internet company Tencent and e-commerce group Alibaba as investors, and was created when group buying company Meituan merged with local listings and reviews platform Dianping in October 2015, at which time it was valued at $15bn.
Meituan runs a group buying platform focused on services and experiences.…
