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.



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