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