Where Global Innovation
and Capital Meet

Sectors Consumer University Energy Financial Healthcare Industrial IT Media Services Telecoms Transport The Art of CVC Startups

Tencent takes a third of 17u.com

Jan 14, 2011 • James Mawson

China-based online travel site 17u.com sells 30% to Tencent

Tencent, a China-based online media company part owned by South Africa-based Naspers’ corporate venturing unit, has acquired 30% of domestic online travel site 17u.com for about RMB50m ($7.8m) to RMB60m, according to news provider caijing.com.

Subscribe to go deeper

GCV subscribers get access to all our proprietary data and deep-dive articles, as well as the global directory of CVC investors.

Not sure if you have a subscription?

LEADERSHIP SOCIETY

Informing, connecting, and transforming the global corporate venture capital ecosystem.
The Global Corporate Venturing (GCV) Leadership Society’s mission is to help bridge the different strengths and ambitions of investors across industry sectors, geography, structure, and their returns.

Find out more

FUNDING ROUND DATA

Which corporates are backing which startups? Search our corporate deal database.

SURVEY

Benchmark your unit against industry norms. Participants will receive a free copy of the survey results

NOMINATE

Make a nomination for Rising Stars and Emerging Leaders

Events

GCV Institute: Landing the Value of Corporate Venturing

Oct 17 -
Oct 21, 2024
Online

Find out more All events

Events

GCV Institute: CVC Investment Programs

Oct 22 -
Oct 23, 2024
Palo Alto, CA (USA)

Find out more All events

Events

GCV Executive Leadership Forum 2024

Oct 24, 2024
Menlo Park, CA (USA)

Find out more All events

Events

Corporate Venture in Brasil 2024 – International Delegation to Brazil

Oct 28 -
Oct 30, 2024
São Paulo (Brazil)

Find out more All events

Events

GCV Connect: Germany 2024

Oct 29, 2024
Frankfurt (Germany)

Find out more All events

Events

GCV Institute: CVC Investment Programs

Oct 30 -
Oct 31, 2024
Frankfurt (Germany)

Find out more All events

Events

Webinar: Pop, beauty and chips - How to invest in South Korea

Nov 7, 2024

Find out more All events

Events

GCV Asia Congress & International Delegation 2024

Nov 11 -
Nov 14, 2024
Tokyo (Japan)

Find out more All events

Events

GCV Connect: Miami 2024

Nov 19, 2024
Miami, FL (USA)

Find out more All events

Events

GCV Connect: Korea 2024

Dec 10 -
Dec 12, 2024
Seoul (South Korea)

Find out more All events

Events

GCVI Summit 2025

Mar 18 -
Mar 20, 2025
Monterey, CA (USA)

Find out more All events

About us

GCV provides the global corporate venturing community and their ecosystem partners with the information, insights and access needed to drive impactful open innovation. Across our three services - News & Analysis, Community & Events, and the GCV Institute - we create a network-rich environment for global innovation and capital to meet and thrive. At the heart of our community sits the GCV Leadership Society, providing privileged access to all our services and resources.