Huang Bao Che Trip Raises $50M in Series C Funding

Huang Bao Che Trip raises $50 million in Series C funding led by SCC (PRNewsfoto/Huang Bao Che Trip)

Huang Bao Che Trip, a Beijing, China-based online platform for Chinese to receive chauffeur and tour guide service, raised $50m in Series C funding.

The round was led by Sequoia Capital China (SCC), with participation from Matrix Partners China and Hexie Aiqi Investment Management.

The funds will be used for branding, customer acquisition and marketing education, hiring of new people to enhance the overall operation, and the construction of resource pools at destinations.

The company is led by Pan Fei, CEO.



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