Tujia.com Raises Funding

Tujia.com, an online vacation rental service provider targeting middle to high-end Chinese travelers, has raised a funding of undisclosed amount.

The transaction will close following final regulatory approval of the Chinese government.

Backers include HomeAway, Inc. (NASDAQ: AWAY), Ctrip.com International, Lightspeed China Partners and CDH Investments.

Founded in December 2011 and led by CEO Justin Jun Luo, Tujia.com intends to use the capital for business development within China.

FinSMEs

18/05/2012

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