Chinese rental site raises $200 million in U.S.

02 Jun 2015

Chinese apartment rental platform Mofang Apartments recently raised close to $200 million U.S. from American private equity firm Warburg Pincus. The capital will be used to accelerate growth towards providing a one-stop accommodation rental platform.

This comes after a first round of investment in the franchise in 2013, when the firm invested $60 million U.S. in a Series B financing round. Inve

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Marco Bouwer

Marco Bouwer is a marketing communications executive with 10 years of experience planning and implementing strategic initiatives and campaigns in China, the USA, and South Africa. He most recently served in a regional marketing communications executive role for a leading, global PR firm. Marco is an MBA graduate with a background in public relations, and began his career as a front-line journalist. South African by birth and American by marriage. Has spent more than 5 years in Asia, and currently resides in China.