Yunfeng leads $120m round for China’s Xiaozhu.com
Chinese PE firm Yunfeng Capital has led a $120 million Series E round of funding for Xiaozhu.com, a Beijing-based short-term rentals platform.
Xiaozhu.com said in a statement that it is now valued at in excess of $1 billion. Existing investors including Joy Capital, Morningside Venture Capital, and Capital Today China Group also participated...
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