Beijing Chuncui Travel Co., Ltd. secures **CNY 200 million** in funding from **New Oriental Education & Technology Group**, **Wuxi Shenqi Qianxing Venture Capital**, and the **Wuxi Huishan Government Fund**. The round, co-led by New Oriental, marks a strategic investment in the travel company. The funding was announced on **September 12, 2023**, signaling expanded financial backing for its operations.
China’s Guide (Huang Bao Che) secures **US$50 million** in a Series C+ funding round to expand its ride-hailing services for Chinese tourists traveling abroad. The investment is led by **Shenzhen Capital Group**. The app connects users with local drivers in foreign destinations, addressing mobility needs for outbound Chinese travelers.
Huangbaoche secures $50 million in Series C funding for its guided tour driver platform in Beijing, China. The company follows up on a previous $50 million investment received just 15 months earlier in 2018.
Huang Bao Che Trip secures $50 million in Series C funding from Sequoia Capital China, with Matrix Partners China and Hexie Aiqi Investment Management joining as co-investors. The platform specializes in connecting Chinese travelers with chauffeur and tour guide services. This funding round marks a significant milestone in the intersection of internet and tourism industries.
