Lightspeed China Partners Invests in (Asia)

Source: Lightspeed China Partners

Lightspeed China Partners (LCP), the China-based division of global venture capital firm Lightspeed Venture Partners, has made a Series A investment in, a China-based online vacation rental services provider. China-based CDH Investments and travel service providers International and HomeAway also participated in the investment round. Tujia plans to use the additional capital to expand its operations to meet growing demand for online vacation rental services in China. Financial terms of the transaction were not disclosed.