<article>Chinese e-Commerce platform Xiaoqule has raised a $108 million Series A round led by investors including GGV Capital. Meanwhile, Taiwan’s tour company, MyTaiwanTour, has raised $1.5 million from Sanpu Travel Group.</article>

Chinese e-Commerce platform Xiaoqule has raised a $108 million Series A round led by investors including GGV Capital. Meanwhile, Taiwan’s tour company, MyTaiwanTour, has raised $1.5 million from Sanpu Travel Group.
<h3>E-Commerce platform Xiaoqule raises $108m Series A</h3>
Chinese community-focused e-commerce platform <a href="https://www.dealstreetasia.com/?s=Xiaoqule" target="_blank" rel="noopener">Xiaoqule</a> has raised a $108-million Series A round led by GGV Capital, Vertex Ventures and SIG Asia Investment, the company announced.
Others investors who participated in the round include Matrix Partners, ShunWei capital, investment firm GF Xinde Investment Management, Zhongwei Capital, Beijing-based angle investment fund ZhenFund and Chinese insurer Ping An Insurance’s venture capital vehicle Ping An Ventures.
Xiaoqule, also known as Community Music, is a subsidiary of Gejia, a neighborhood social e-commerce platform.
<h3>MyTaiwanTour raises $1.5m from Sanpu</h3>
Taipei-based tourism company <a href="https://www.dealstreetasia.com/?s=MyTaiwanTour" target="_blank" rel="noopener">MyTaiwanTour</a> has raised $1.5 million from <a href="https://www.dealstreetasia.com/?s=Sanpu+Travel+Group" target="_blank" rel="noopener">Sanpu Travel Group</a>, a local travel service group, Business Next reported.
The proceeds from the funding will be used by the firm to expand its business to China and Japan.
MyTaiwanTour offers customized individual and group tours. The company claims to have assisted over 30,000 customised tours over the past five years. Founded in 2013, MyTaiwanTour is led by Michael Wu whose family is also involved in managing tourism businesses.
Sanpu Travel Group is a conglomerate travel group that handles services including transportation, accommodation, dining, merchandising, sightseeing and others.
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Chinese e-Commerce platform Xiaoqule has raised a $108 million Series A round led by investors including GGV Capital. Meanwhile, Taiwan’s tour company, MyTaiwanTour, has raised $1.5 million from Sanpu Travel Group.

Asia Digest: China's Xiaoqule raises $108m; MyTaiwanTour snags $1.5m from Sanpu

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Asia Digest: China's Xiaoqule raises $108m; MyTaiwanTour snags $1.5m from Sanpu

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