CDH Investments Participates in a US$100 Million Series C Financing Round for (Asia)

Source: Asian Venture Capital Journal | Author(s): Tim Burroughs

China-based vacation rental website has raised a US$100 million Series C financing round from existing investors venture capital firms CDH Investments, Lightspeed China Partners, GGV Capital, Qiming Venture Partners and CBC Capital, as well as from vacation rental companies HomeAway and Ctrip. New investor China-focused investment bank China Renaissance Capital also participated. Tujia operates a platform on which owners can post properties to be hired out as vacation or business rentals. The company previously raised a total of US$64 million over its Series A and B rounds.