Tujia

Founder / s: Luo Jun, Melissa Yang
Key people: Zhuang Hai (President), Luo Jun (Co Founder & CEO) and Melissa Yang (Co Founder & CTO)

TuJia.com, founded by TuJia Online Information and Technology Company of Limited Liability, is an online platform for discovering vacation rentals in tourist destinations.

Tuji (Beijing) was founded in 2011.It is a new company that depends on international decentralized hotel management and business criteria, and it integrates offline real estate stocks in tourist destinations, customer care center services, and Online booking transaction system of vocation apartment rentals. It is not only provided the travelers with premium holiday experience, but also offers flexible value-added services for idle assets. Meanwhile, TuJia has established strategic partnerships partnership with Ctrip Network.

Tujia Holdings is one of China’s the same platforms for property owners seeking to turn their homes into temporary lodgings. It has 400,000 raised plus another 300,000 on its low-cost platform Mayi, as well as more taken from travel giant Ctrip.Com.

Zhuang Hai, Tujia’s president, said the company is on track to raise at least $ 300 million at a valuation of more than $ 1 billion in as soon as a month. The business will also split, with 1,000 employees remaining on the home-sharing side of The business, while 2,000 workers will be part of Sweetome, its professionally-managed property unit. Details are still subject to change from discussions with investors are still underway, he said.