Tsinghua Holdings one of the backers in $10m series A for Uthing.cn.
Uthing.cn, an online travel platform, has raised $10m in its series A, with Tsinghua Holdings as one of the backers.
The round was co-led by Korea Investment Partners, property and investment firm Mylin Holding Group, and Tsinghua Unisplendour. Tsinghua Unispendour is one of the components merged into Tsinghua Holdings, the investment arm of the eponymous university, when it was first founded in 1993.
The latest round values Uthing, founded in 2014, at $100m. The firm previously held a seed round…
