Airbnb’s major China rival Tujia raises $300M more at a $1.5B valuation

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 Airbnb finally got serious about the Chinese market this year, and now its chief rival in the country — Tujia — has tapped investors for $ 300 million more to sharpen its focus on global markets. The new funding values Tujia at $ 1.5 billion, the startup confirmed. That’s a big jump on the $ 1 billion it commanded when it last raised in 2015, but the company is going to the… Read More
Fundings & Exits – TechCrunch

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