Chinese OTA Travelzen Raises $92M And Plans Domestic Listing

Shanghai-based online travel agency Travelzen has raised RMB600 million (US$92 million) series C funding round from Chinese investors and plans to exit via an initial public offering on domestic exchanges, according to a company announcement (in Chinese). Addor Capital, NewMargin Ventures, a fund affiliated with Everbright Securities and other investors whose identities can't be verified. […]


Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.

Read the original article: China Money Network