Vertex Venture Invests In Travel App Yaochufa


Guangzhou-based travel mobile app Yaochufa says that the company has received several millions of U.S. dollars from Vertex Venture Holdings, according to Chinese media reports.

Yaochufa, which means "Want To Go" in Chinese, previously received several millions of RMB seed funding from Innovation Works, a start-up incubator founded by former Google China head, Li Kai-fu.

Launched in October 2011, Yaochufa provides time-limited sales of high-end hotels and holiday products targeted at Chinese travelers.

 
China Expert network

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