2014-02-24
17u.cn Gains CNY500 Million Investment To Grow Chinese Internet Travel Business
Chinese tourism booking platform 17u.cn announced that the company has received a CNY500 million investment from Tencent, Boyu Capital, and Oriza Holdings. According to 17u.cn, the company still maintains the controlling stake after receiving the investment and the company still aims at an independent IPO in the future. Wu Zhixiang, chief executive officer of 17u.cn, […]