Xiaozhu announced it raised $120 million during its E-round financing on November 1,2017. YF Capital led the round, and existing shareholders, such as JOY Capital, Morningside Venture Capital and Capital Today, increased their stake, with China Taihecap as the exclusive financial advisor.

Xiaozhu is China’s leading home-sharing platform. It came online in 2012. On January 6, 2013, Xiaozhu obtained more than $10 million in A-round financing from Morningside Venture Capital. In June 2014, it received $15 million in its B round. In the B round, Legend Capital became the leading investor. On July 8, 2015, it completed C round financing of $60 million. In November 2016, Xiaozhu completed C+ and D round financing, which totaled $65 million. Capital Today invested in C+ round financing at the end of 2015, and Joy Capital, Bertelsmann Asia Investments (BAI) led D round financing, followed by Morningside Venture Capital, Capital Today and Heyu Capital.

As of first half of 2017, Xiaozhu provides service to more than 400 domestic and overseas destinations.

Source: https://pandaily.com/chinas-home-sharing-platform-xiaozhu-completed-120-million-e-round-financing/