Dianping

Shanghai, China Founded: 2003 • Age: 23 yrs Acquired By Meituan
Group buying discount deals are facilitated across multiple categories.
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About Dianping

Dianping is a company based in Shanghai (China) founded in 2003 by Tao Zhang was acquired by Meituan in October 2015.. Dianping has raised $4.34 billion across 8 funding rounds from investors including Meituan, Google and Tencent. Dianping has completed 1 acquisition, including Haizixue. Dianping operates in a competitive market with competitors including Meituan, Lashou, Nuomi, Gaopeng and 24quan, among others.

  • Headquarter Shanghai, China
  • Founders Tao Zhang
  • Sectors
    Retail
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Retail → E-Commerce Platforms & Marketplaces
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $4.34 B (USD)

    in 8 rounds

  • Latest Funding Round
    $3.3 B (USD), Private Equity Round

    Jan 19, 2016

  • Investors
    Meituan

    & 11 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
  • Acquired by
    Meituan

    (Oct 07, 2015)

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People of Dianping
Headcount 10000+
Employee Profiles 199
Employee Profiles
People
Haonan Luo
战略投资分析师
People
Wang Huiwen
Co-Founder, Executive Director
People
Chen Liang
SVP, Optimal Business Unit
People
Chen Shaohui
CFO & SVP, Financial Platform, Strategy & Investment platform

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Funding Insights of Dianping

Dianping has successfully raised a total of $4.34B across 8 strategic funding rounds. The most recent funding activity was a Private Equity Round round of $3.3 billion completed in January 2016. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 8
  • Last Round Private Equity Round — $3.3B
  • First Round

    (01 Jan 2006)

  • Investors Count 11
Date Amount Transaction Name Valuation Lead Investors Investors
Jan, 2016 Amount Private Equity Round - Dianping Valuation

investors

Mar, 2015 Amount Series E - Dianping Valuation Temasek , FountainVest Partners
Feb, 2014 Amount Series D - Dianping Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Dianping

Dianping has secured backing from 12 investors, including institutional and venture fund investors. Prominent investors backing the company include Meituan, Google and Tencent. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
An investment platform is provided for diverse sectors and geographies.
Founded Year Domain Location
Venture capital investment firm
Founded Year Domain Location
FountainVest is involved in investment or financial services.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Dianping

Dianping has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Haizixue. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
O2O mobile platform connects parents, students, and teachers for tutoring.
2013
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Dianping

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Dianping Comparisons

Employees
+
Add Comparison
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Competitors of Dianping

Dianping operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Meituan, Lashou, Nuomi, Gaopeng and 24quan, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Online group-buying platform offering coupons for multi-category products and services
domain founded_year HQ Location
Location based daily-deals & group buying portal
domain founded_year HQ Location
Local services deals are offered via group buying in China.
domain founded_year HQ Location
Operates an online marketplace for group-buying deals on multi-category products and services.
domain founded_year HQ Location
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Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Frequently Asked Questions about Dianping

When was Dianping founded?

Dianping was founded in 2003 and raised its 1st funding round 3 years after it was founded.

Where is Dianping located?

Dianping is headquartered in Shanghai, China.

Who is the current CEO of Dianping?

Tao Zhang is the current CEO of Dianping. They have also founded this company.

Is Dianping a funded company?

Dianping is a funded company, having raised a total of $4.34B across 8 funding rounds to date.

What does Dianping do?

Dianping was founded in 2003 in Shanghai, China, as a platform focused on group buying and discount deals. Operations center on listing offers in sectors such as restaurants, travel, beauty, medical and health services, automobiles, pets, and additional categories. The service connects users with local and online vendors, primarily serving the Chinese market through its digital interface at dianping.com.

Who are the top competitors of Dianping?

Dianping's top competitors include Meituan, Lashou and Nuomi.

How many acquisitions has Dianping made?

Dianping has made 1 acquisition, including Haizixue.

Who are Dianping's investors?

Dianping has 12 investors. Key investors include Meituan, Google, Tencent, Lightspeed Venture Partners, and Wanda Group.

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