Line0 news and trends

Baidu Sinks $3.2B Into Online-To-Offline

July 01, 2015
Chinese Food Delivery Startup Nabs $30M in Tencent Funding
News // January 08, 2015

A China-based food delivery startup says it has big plans for the $30 million in funding it will receive. Line0, based in Nanjing, announced this week that the millions were secured from Chinese Internet conglomerate Tencent. Line0 founder and CEO William Wu said he plans...

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Baidu Sinks $3.2B Into Online-To-Offline

July 01, 2015
Baidu, the Chinese equivalent of Google, announced yesterday (June 30) that it would invest 20 billion yuan ($3.22 billion) over the next three years in online-to-offline services, reports Reuters. The investment will include group-buying service Nuomi in which Baidu owns a 59 percent stake. In 2013, Nuomi had 3.8 million active users and 30 percent […]

Chinese Food Delivery Startup Nabs $30M in Tencent Funding

January 08, 2015
A China-based food delivery startup says it has big plans for the $30 million in funding it will receive. Line0, based in Nanjing, announced this week that the millions were...