Dianping, China's Largest Restaurant Review Site, Turned Down An Acquisition Offer From Google China

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http://techcrunch.com – 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 raise (IT news)