Chinese internet firms court private capital

TutorGroup, Mogujie, Meilishuo and Tujia hope to raise $300 million to $500 million each from an expanding pool of investors looking to hit pre-IPO home runs.

Denise Wee

April 30, 2015

A number of Chinese technology companies including online education service TutorGroup, online shopping sites Mogujie and Meilishuo.com and China’s version of Airbnb, Tujia.com are engaged in private fund-raising rounds, with each company seeking $300 million to $500 million, people familiar with the matter said.

Sign In to Your Account To Access Exclusive FinanceAsia Content!

Please sign in to your subscription to unlock full access to our premium FA resources.

Free Registration & 7-Day Trial
Register now to enjoy a 7-day free trial - no registration fees required. Click the link to get started.

Note: This free trial is a one-time offer.

Questions?
If you have any enquiries or would like a quote for a team or company licence, please contact us at [email protected]. Our subscription team will be happy to assist you.