GIC Invests in Home Rental Service Xiaozhu

Posted on 10/10/2018

Xiaozhu, a Chinese house sharing platform rivaling Airbnb, raised new funding of approximately US$ 300 million. The company is based in Beijing and has a valuation of over US$ 1 billion. The lead investor in this round is Yunfeng Capital, a family office unit of Alibaba Group founder Jack Ma, and Advantech Capital. Other investors […]