CDH Ventures Leads Series A Round For Chinese Travel Site Lailaihui


Beijing-based online travel site Lailaihui has raised several million U.S. dollars in series A funding, according to Chinese media reports.

CDH Investments led the round. Existing investor Unity Ventures also participated.

Lailaihui previously received an undisclosed amount of angel funding from Unity Ventures in 2011.

The company says it will use the proceeds to improve after-sales service and launch new travel packages.

Launched in September 2013, Lailaihui offers self-travel packages to Chinese tourists. The company claims its monthly transaction volume has reached about RMB10 million ($2 million).

 
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