China Airbnb rival Xiaozhu reveals funding of nearly $300 million led by Jack Ma
China: Chinese short-term rental firm Xiaozhu.com has revealed it has raised almost $300 million in a funding round led by Jack Ma’s Yunfeng Capital, amid competition from Airbnb and Tujia.com. The company did not disclose its new valuation but said it was worth more than $1 billion last November after clinching a $120 million round, […]