Airbnb's Chinese rival Tujia.com raises $300m at over $1.5b valuation

Airbnb's Chinese rival Tujia.com raises $300m at over $1.5b valuation

Chinese tourists take photographs in front of the Parthenon temple during a visit at the Acropolis archaeological site in Athens, Greece, on Wednesday, May 24, 2017. Photographer: Yorgos Karahalis/Bloomberg

Airbnb’s biggest rival in China, Tujia.com, has raised $300 million to fund a rapid expansion and ride a surge in Chinese families taking holidays around the world.

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