Airbnb’s major China rival Tujia raises $300M more at a $1.5B valuation

#HTE

 Airbnb finally got serious about the Chinese market this year, and now its chief rival in the country — Tujia — has tapped investors for $300 million more to sharpen its focus on global markets. The new funding values Tujia at $1.5 billion, the startup confirmed. That’s a big jump on the $1 billion it commanded when it last raised in 2015, but the company is going to the… Read More
https://techcrunch.com/2017/10/10/tujia-raises-300-million/?ncid=rss