Tech Company Financing Transactions
Mafengwo Funding Round
On 5/24/2019, Mafengwo raised $250 million in funding from Tencent Holdings, eGarden Ventures and General Atlantic.
Transaction Overview
Company Name
Announced On
5/24/2019
Transaction Type
Venture Equity
Amount
$250,000,000
Round
Undisclosed
Investors
Tencent Holdings (Lead Investor) (Haifeng Lin)
Proceeds Purpose
This new funding round has consolidated Mafengwo's position as a content giant in the tourism industry, which indicates that this online travel platform deeply rooted in the online travel community has risen to be a leading player.
Company Information
Company Status
Private & Independent
Industry
Internet & IoT
Mailing Address
Building C9 HengTong Universal Creative Park Jiu Xianqiao Rd
Beijing, 100015
china
Beijing, 100015
china
Phone
Website
Email Address
Overview
Mafengwo is a Chinese travel SNS website that enables users to share travel experiences with each other. With more than one million entries of user-generated travel guides and over five million ratings and reviews, Mafengwo.com provides information on hotels, flights, travel routes, visa, insurance, and more for travelers and marketing projects related to the travel industry.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Gang Chen
Chief Operating Officer
Gang Lv
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