Xiaozhu (Chinese: 小猪) is a consumer-to-consumer short-term home and apartment rental platform based in Beijing, China. The company was founded by Kelvin Chen Chi, a doctor from Chengdu, in 2012.[1]
Industry | Real estate |
---|---|
Founded | May 1, 2012Beijing, China | in
Founder | Kelvin Chen Chi |
Headquarters | , China |
Area served | China |
Website | www |
As of 2018, Xiaozhu had an approximately 21.6% market share among Chinese short-term rental platforms. Its main competitors within China are Tujia and Airbnb.[2]
In October 2018, Xiaozhu closed a $300 million funding round led by Yunfeng Capital. A tech unicorn, the company has an estimated valuation of more than one billion dollars.[3]
References
edit- ^ "Tai chi with the Post: How Xiaozhu founder handles stress". South China Morning Post. 2019-02-03. Retrieved 2019-06-26.
- ^ Forman, Laura. "Airbnb Wants the Key to China's Millennial Empire". WSJ. Retrieved 2019-06-25.
- ^ "China Airbnb rival Xiaozhu.com raises nearly $300 million from Jack..." Reuters. 2018-10-10. Retrieved 2019-06-26.