Hot money floods mainland's online-to-offline food-delivery sector

A few days before Lunar New Year, start-up entrepreneur Qu Bo perked up when he learned his online-to-offline (O2O) food-delivery project, Order a Duck, was valued by investors at 120 million yuan (HK$150 million), more than double what it was six months ago.

via South China Morning Post - Business feed http://ift.tt/1wLuoSg