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Tripb2b receives tens of millions of yuan in series A round

06/17/2016| 9:43:19 AM| ChinaTravelNews 中文

B2B travel platform Tripb2b announced on June 15 that the company has received tens of millions of yuan in its A-round funding. The funding that is purely financial investment was led by Yiyin Fund and followed by J-High Investment.

B2B travel platform Tripb2b confirmed with Cyzone.cn on June 15 that the company has received tens of millions of yuan in its A-round funding. The round led by Yiyin Fund and followed by J-High Investment generated purely financial investment.   

The company’s founder and CEO Gang Li said that the money will be invested in further developing the supply end, enhancing market education and recruiting professional talents. 

Tripb2b is said to have online transaction worth more than RMB 4.2 billion in 2015 and have established 82 city service centers in China. The company forecasts that its transaction volume will exceed RMB 10 billion in 2016. (Translated by Jerry)

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