Qiming Ventures And Capital Today Invest $15 Million In Mafengwo

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Qiming Ventures and Capital Today has invested US$15 million in Chinese travel website and app maker, Mafengwo.cn, in series B financing. This is Capital Today’s second investment in the Beijing-based travel portal, following a first-time US$5 million investment.

Founded in 2006, Mafengwo aims to attract high-end Chinese travelers from big metropolitan in China.

China Money Network

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