Yunfeng, Advantech Lead $300M Round In China’s Airbnb Copycat Xiaozhu.com

Beijing-based home-sharing platform Xiaozhu.com, often known as China’s answer to Airbnb, today announced that it has raised a nearly US$300 million new round of financing led by Yunfeng Capital and Advantech Capital. Singapore’s sovereign wealth fund GIC Private Limited, Joy Capital, Morningside Venture Capital and Capital Today also participated in this round. Last month, China […]

Yunfeng, Advantech Lead $300M Round In China’s Airbnb Copycat Xiaozhu.com appeared first on China Money Network.

Read the original article: China Money Network