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Aggregated China Business Blogs
Tencent Takes 20% Stake Of VC-Backed Dianping
Aggregated Source: China Money Network
Shanghai-based Chinese Yelp-like review website Dianping.com says it has received strategic investment from Tencent, according to a company announcement. The amount of the investment is not disclosed, but Tencent will hold a 20% stake of Dianping after the deal. The founding team of Dianping, including CEO Zhang Tao, will continue to hold a controlling stake […]

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