[{"_1":2,"_94":-5,"_95":-5},"loaderData",{"_3":4,"_6":7},"root",{"_5":-5},"user","routes/tag.$slug",{"_8":9,"_83":84,"_91":86,"_92":71,"_93":71},"posts",[10],{"_11":12,"_13":14,"_15":16,"_17":18,"_19":20,"_21":22,"_23":24,"_25":26,"_27":28,"_29":30,"_31":32,"_33":-5,"_34":35,"_36":37,"_51":52,"_76":77,"_78":79,"_80":81,"_82":32},"documentId","ic6kimlttr0td476d77wogy1","title","China's Home-sharing Platform Xiaozhu Completed $120 million E-round Financing","slug","chinas-home-sharing-platform-xiaozhu-completed-120-million-e-round-financing","excerpt","Xiaozhu announced it raised $120 million during its E-round financing on November 1. YF Capital led the round, and existing shareholders, such as JOY Capital, M...","content","Xiaozhu announced it raised $120 million during its E-round financing on November 1. YF Capital led the round, and existing shareholders, such as JOY Capital, Morningside Venture Capital and Capital Today, increased their stake. TH Capital is Xiaozhu’s only financial adviser.\n\nXiaozhu came online in 2012. On January 6, 2013, Xiaozhu obtained more than $10 million in A-round financing from Morningside Venture Capital. In June 2014, it received $15 million in its B round. In the B round, Legend Capital became the leading investor. On July 8, 2015, it completed C round financing of $60 million. In November 2016, Xiaozhu completed C+ and D round financing, which totaled $65 million. Capital Today invested in C+ round financing at the end of 2015, and Joy Capital, Bertelsmann Asia Investments (BAI) led D round financing, followed by Morningside Venture Capital, Capital Today and Heyu Capital.\n\n

\n\nDuring this round of financing, Xiaozhu introduced YF Capital as a new investor. The company was established in early 2010, and recognized by Alibaba Chairman Jack Ma and the Yu Feng, founder of Juzhong Media.\n\nAs of first half of 2017, Xiaozhu provides service to more than 400 domestic and overseas destinations.\n\n

This article originally appeared in Tencent Technology and was translated by Pandaily.

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Tag: #home-sharing

China's Home-sharing Platform Xiaozhu Completed $120 million E-round Financing