LyYue Group Closes Series A+ Financing Round Led by Tencent, Sequoia China

November 17, 2019 0:14 am

Beijing (PingWest)- LvYue group, an online travel service provider, closes several hundred million dollars Series A and A+ round financing led by Tencent, Sequoia China, Baidu Capital and Goldman Sachs, with the participation of Ocean Link, CITIC Trust, Oriza and CAISSA Travel.

Backed by China’s online travel agency, LvYue is an internet travel service provider that integrates hotel management, information technology, trading and procurement, applying innovative internet technologies to traditional hotel industry.