Travel agency Ctrip has co-led a $300m round for holiday home platform Tujia, two years after the corporate contributed to a series D round of the same size.
China-based holiday home rental marketplace Tujia.com has secured $300m in a funding round co-led by online travel agency Ctrip and investment fund All-Stars Investment, Bloomberg reported today.
Investment bank China Renaissance contributed to the round, through its Huaxing Growth Capital Fund, as did investment firms Glade Brook Capital and G Street Capital. The deal valued Tujia at more than $1.5bn.
Founded in 2011, Tujia operates an online platform that enables users to rent out their homes to each other for…
