Airbnb's China rival said to be in talks with GIC, others to raise over $200m

Airbnb's China rival said to be in talks with GIC, others to raise over $200m

Photo from Xiaozhu.com

One of Airbnb’s biggest Chinese rivals is in talks with Singapore’s sovereign wealth fund and other investors for more than $200 million in new funding to take on the American home-sharing giant, according to people familiar with the deal.

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