Beijing-based travel service platform Mafengwo has raised a US$133 million series D round from General Atlantic, Temasek, Chinese private equity firm Ocean Link, Chinese venture capital fund Yuantai Changqing fund, and Houpu Investment Management, a private equity firm founded by former Goldman Sachs China Partner Fang Fenglei. Existing investors including Capital Today, Hillhouse Capital and Qiming Ventures Partners participated in the round, according to an internal letter reported by local media. As of publication, Mafengwo had not responded to a request …
China Online Travel Service Platform Mafengwo Raises $133M From General Atlantic, Temasek appeared first on China Money Network.