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July 10, 2015 11:30 am GMT

Chinese Airbnb Rival Xiaozhu Closes $60M Series C Round

Screenshot 2015-07-10 18.12.19Is there something in the water for peer-to-peer rental websites right now? Fresh from U.S. juggernaut Airbnb raising $1.5 billion and China’s Tujia taking in $250 million last month, Xiaozhu — another Chinese Airbnb equivalent — announced a lesser-but-not-insignificant $60 million Series C round at a $300 million-plus valuation. Read More

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/TwDSdsNYB50/

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