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November 20, 2013 04:25 am GMT
Dianping, the restaurant review platform that is sometimes referred to as the "Yelp of China," turned down an acquisition offer from Google China in early 2007, co-founder Edward Long revealed at the TechCrunch/Technode event in Shanghai. Google China valued the company, which was then four years old, at less than $100 million. After Dianping refused its buyout offer, Google China made a Series B investment in the site of a few million dollars. Dianping's other investors include Trust Bridge Partners, Sequoia Capital, QiMing Ventures and Lightspeed Venture Partners and it has raised almost $180 million in funding. 
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/sOx6QUDe6R0/
Dianping, China's Largest Restaurant Review Site, Turned Down An Acquisition Offer From Google China
Dianping, the restaurant review platform that is sometimes referred to as the "Yelp of China," turned down an acquisition offer from Google China in early 2007, co-founder Edward Long revealed at the TechCrunch/Technode event in Shanghai. Google China valued the company, which was then four years old, at less than $100 million. After Dianping refused its buyout offer, Google China made a Series B investment in the site of a few million dollars. Dianping's other investors include Trust Bridge Partners, Sequoia Capital, QiMing Ventures and Lightspeed Venture Partners and it has raised almost $180 million in funding. Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/sOx6QUDe6R0/
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