Sweetome Group acquires CityHome and iYOUJIA.com
China: Sweetome Group, part of Chinese online home-sharing unicorn Tujia, has purchased 100 per cent shares in domestic vacation rental startups, CityHome and iYOUJIA.com. The latest acquisitions will help to consolidate Sweetome’s position in China’s burgeoning rental market, given that the Group is also receiving a strategic investment from online classifieds platform 58.com. The funding […]