Hong Kong-based QianSu Hotel Investment Group announced on November 30 that its homestay brand QianSu has raised RMB 50 million in its latest funding round. ChinaTravelNews learnt that major Chinese OTA Qunar is among the investors in the round.
Qiansu started its homestay business in 2013 and now has an office in mainland China. The company said that it currently has more than 200,000 listings and plans to increase its offerings to over 700,000. (Translated by Jerry)