Tongcheng Life, a community group buying platform incubated by Chinese online travel agent Tongcheng-eLong, has raised US$100 million in a new funding round led by Beijing-based venture capital firm Legend Capital. A wide range of institutional investors participated in the new round, including Bertelsmann Asia Investments (BAI), a China-focused corporate venturing vehicle of German media […]

Chinese Community Group Buying Start-Up Tongcheng Life Nets $100M comes originally from China Money Network. All Rights Reserved.