Chinese short-term rental sites secure $20m in VC backing
Xiaozhu.com and Mayi.con, two competing Chinese websites specializing in short-term room rentals, have each secured $10 million in VC funding.
According to TechinAsia, Beijing-based Xiaozhu.com (translated as "little pigs") has raised nearly US$10 million in Series A funding while Mayi.com (translated as "ants") attracted the same amount when...
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