Venture-Backed 58 Daojia Acquires Dudu Meijia

China’s 58 Daojia, the O2O (online-to-offline) local services firm launched by Inc., has acquired a venture-backed manicure-booking mobile app Dudu Meijia, says Chinese media reports. Financial details of the transaction are not disclosed. After the completion of the deal, Dudu Meijia and 58 Daojia will continue to operate independently. They plan to integrate their […]

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Read the original article: China Money Network