China’s property rental platform, Danke Gongyu raises $70M in Series B+

By Editor 0 Comments NEWS, News

China property rental platform Danke Gongyu $70M Series B+Chinese property rental platform Danke Gongyu raises $70m led by Tiger Global

Danke Gongyu, a real estate startup based out of China, has recently raised $70 million in a Series B+ funding round that was led by New York's Tiger Global Management.

Other investors who took part in the round include existing backers – China Media Capital, Gaorong Capital (formerly known as Banyan Capital), Joy Capital, Vision Plus Capital, Beterlsmann Asia Investments – and Shenzhen Youjin Investment Management.

The funding round comes shortly after the apartment leasing platform raised a $100 million Series B round led by CMC Capital and Gaorong Capital this February. It raised a $14 million A+ round in June 2017, led by Joy Capital.

Read more here

Join us in Miami from the 20th to the 22nd of June for the Global Online Marketplaces Summit. Our summit theme is From Classifieds to Marketplaces – Capturing Value from the Transaction and we’ll hear from Global Leaders who are creating the Online Marketplaces of Tomorrow.

Leave a comment

Your email address will not be published.