Chinese tourism

Tencent leads funding for travel site that wants to be the biggest in China

Mafengwo is ready to challenge traditional players in the travel industry. A hook up with Tencent will give it the funds to provide more customised services.

Travel website Mafengwo, which specialises in bespoke travel, has completed a $250 million round of funding led by Tencent.

¬ Haymarket Media Limited. All rights reserved.

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