IDG Capital in talks to lead latest funding round of up to $5b in Meituan-Dianping

A 100 yuan banknote (R) is placed next to a $100 banknote in this picture illustration taken in Beijing November 7, 2010. REUTERS/Petar Kujundzic

IDG Capital is reportedly in talks to lead the latest funding round in China’s largest provider of on-demand services Meituan-Dianping, according to local media reports citing insiders.

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