According to reporter of China Travel News in an interview with the Zhubaijia COO Xin Zou the
Overseas short-term rental platform Zhubaijia has recently announced it funds which amount
up to approx: US$31.3 million in its B Series financing round.
The Shenzhen based Zhubaijia founded in 2012 mainly focuses on the Chinese tourists who
travel overseas and with short term rentals in millions of obtainable home rentals and in 60
countries. The rental market in China has been heating up to a great extent and with the Airbnb
signing up in August among Sequoia China and the China Broadband capital as intentional
partners to assist it capture the enormous prospective of the outbound market in China.
In August this year the Zhubaijia has also funded $78 million not being content with the
trousering of a $20 million series. The main goal of the latest backers of the website set up is to
provide the Chinese travelers with information regarding overseas property rentals. The
information is specially provided by the HNA Tourism group which is the travel wing of the giant
The Zhubaijia, China an online booking for rental apartments has at last entered in to the New
Third Board of China. According to the media it has also become the first company in the
category of sharing economy list in China. The company makes no endeavor to hide from
view which company it is seeking to label as well as replicate as brand at the centre of its most
recent deal as an overseas housing rental site for tourist analogous to Airbnb. The Zhubaijia
claims to its properties listed in more than 60 countries outside China and the company already
has a noteworthy presence in aviation, cruise agencies and travel. It is also known to operate 16
airports and around China.