Vacation Rental Site Tujia Completes USD 100 Mln Series C

DoNews, 6/18/14

Luo Jun, founder of Tujia Online Information Technology, operator of online hotel reservation platform Tujia.com, has revealed on his personal microblog that the company has received USD 100 mln in third-round funding. Seven existing investors participated in the new round of funding, namely GGV Capital, Lightspeed China Partners, CDH Investments, Qiming Venture Partners, China Broadband Capital, online travel service provider Ctrip (Nasdaq: CTRP), and US rentals site HomeAway.

Editor's Note: For more information on this topic, please see "Vacation Rental Site Tujia Lands First-Round Funding," MD 5/16/12 and "Vacation Rental Site Tujia Obtains Second-Round Funding," MD 2/16/13 issues.

Keywords: Luo Jun Internet Ctrip online travel CDH Investments Qiming third-round CTRP GGV Capital China Broadband Capital Tujia HomeAway short-term rental

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