Beijing-based online travel site Lailaihui has raised several million U.S. dollars in series A funding, according to Chinese media reports. CDH Investments led the round. Existing investor Unity Ventures also participated. Lailaihui previously received an undisclosed amount of angel funding from Unity Ventures in 2011. The company says it will use the proceeds to improve […]

Visit ChinaMoneyNetwork.com for more great China Money Podcast audio and video Internet episodes covering important investment news and financial events in China, as well as daily news updates on important China business news happenings. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.