
CDH Ventures invests in online travel site Lailaihui
CDH Venture has led a new funding round for Lailaihui, a Chinese backpacker travel service start-up, alongside existing investor Unity Ventures. Transaction details were not disclosed but the investment was said to be about $1 million.
Le Kang, the company's founder, said the proceeds will be used to improve after-sales service and launch new travel packages. Launched in September, the online platform offers self-travel packages. The...
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