Meituan-Dianping, China’s Largest Group Deals Site, Closes Massive $3.3B Round At $18B Valuation

 Meituan-Dianping, China’s largest group deals site, confirmed that it has closed a colossal $ 3.3 billion round at a valuation of $ 18 billion. The company claims that this is the largest single funding round ever raised by a venture-backed… Continue Reading

Barry Silbert Launches Digital Currency Group With Funding From MasterCard, Others

 Less than a week after selling SecondMarket to NASDAQ, Barry Silbert has announced the official launch and and first round of funding for Digital Currency Group. Talking onstage to TechCrunch Editor John Biggs today at Money 20/20, Silbert announced that the company… Continue Reading