Tencent was among the investors in a Warburg Pincus-led round that valued the accommodation provider, a spinoff from Lianjia, at $3.1bn.
Ziroom, the China-based operator of an accommodation rental services platform, has secured RMB4bn ($621m) in a series A round featuring internet group Tencent, the Wall Street Journal reported yesterday.
The round was led by private equity firm Warburg Pincus and included venture capital firm Sequoia Capital and seven undisclosed additional investors. It valued the company at $3.1bn, sources close to the matter told Caixin Global.
Founded in 2011 by Homelink, the real estate agency also known as Lianjia, before being…
