On October 19th, 2017, Meituan-Dianping raised $4 billion in its 9th funding round as part of its strategy to compete with the country’s leading e-commerce firms in offline retail.
JAWBONE: THE BIGGEST UNICORN DEATH OF 2017
2017 has been a precarious year inundated with challenges for unicorn startups. Whether it be legal lawsuits, executives departures, or valuation markdowns from IPOs, startups have struggled to generate returns for investors. Among 2017’s most disastrous failures, Jawbone tops this list after filing for liquidation in July