Category: News

China’s Meituan-Dianping Deal Mirrors Didi-Kuaidi Merger

The merger of China’s Meituan, a “Groupon for China,” and Dianping, “China’s Yelp,” to create a $15 billion giant respectively backed by Alibaba and Tencent as well as several prominent VC firms,  marks the largest combo in China’s Internet industry in a year when Internet deals involving Chinese companies are pegged at $58.4 billion, nearly double the amount for...

Silicon Dragon Ranks The Top 10 Unicorn Startups In China

Silicon Dragon’s ranking of China’s top 10 unicorn startups (below) offers a snapshot of these breakthrough leaders with stratospheric valuations. Of the 131 unicorns worldwide, China claims 18 startups in the $1 billion-plus club. More details on each of these unicorns plus a list of the full 18 Chinese companies in the $1 billion club can be accessed...