Alibaba and Ctrip have provided $63.1m in funding for the restaurant booking management platform at a $630m valuation.
Meiweibuyongdeng, the China-based developer of a restaurant booking management platform, has received RMB400m ($63.1m) in series D1 funding from e-commerce firm Alibaba and travel agency Ctrip, China Money Network reported on Friday.
Founded in 2013, Meiweibuyongdeng has built an online platform that enables restaurants to issue customers with waiting numbers in order to help them prepare and send out food more efficiently.
The system also gives customers the chance to do other things while they wait for their food. Meiweibuyongdeng…