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Xiaozhu

From Wikipedia, the free encyclopedia
Xiaozhu
IndustryReal estate
FoundedMay 1, 2012; 12 years ago (2012-05-01) in Beijing, China
FounderKelvin Chen Chi
Headquarters,
China
Area served
China
Websitewww.xiaozhu.com

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]

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

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  1. ^ "Tai chi with the Post: How Xiaozhu founder handles stress". South China Morning Post. 2019-02-03. Retrieved 2019-06-26.
  2. ^ Forman, Laura. "Airbnb Wants the Key to China's Millennial Empire". WSJ. Retrieved 2019-06-25.
  3. ^ "China Airbnb rival Xiaozhu.com raises nearly $300 million from Jack..." Reuters. 2018-10-10. Retrieved 2019-06-26.
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