D-round new funds will be mainly used to expand the optimization of product structure and so on

Source: Internet
Author: User
Keywords Pedestrian cattle Travel Network 60 million
Tags company financing joint joint investment network processes the new total

September 4 News, the Pedestrian cattle tourism network announced today has completed the D round by Temasek (Temasek) investment company, DCM Company and other joint investment of about 60 million U.S. dollars in financing.

Yang Jiahong, CFO, said that the new funds will be mainly used to expand the optimization of product structure, promote automation processes, strengthen team building and so on.

Up to now, the Gobi has received a total of four rounds of financing, in addition to the current round of financing, before including the "A" investment, DCM, such as the B-round investment and the investment by Sequoia Capital, such as the C round.

Pedestrian Cattle Tourism Network was founded in October 2006, positioning the mass tourism, to provide Beijing, Shanghai, Guangzhou, Shenzhen and other cities travel products booking. As of the first half of 2013, the total number of pedestrian cattle to provide more than 40,000 kinds of tourism products, the service accumulated more than 3 million trips. Beginning in 2013, dangdang former CFO Yang Jiahong, Alibaba former senior executive Tang Zheng successively joined the CFO, CTO, respectively.

Udunder, chief executive of the tourism network, said in an interview with the media, the company's first quarter has achieved profits, this year's sales will reach 4 billion yuan.

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