Hotel Booking Application ChuJian Raised $10M

ChuJian, origianlly a booking app for budget hotels, was co-founded by Zhen Nanyan (co-chairman of 7daysinn, an economy hotel chain), Quan Manwu and one other friend. Last month, this young startup secured $10million funding, and is planning on expanding its territory to social networking.

As a veteran in hotel industry, Zhen is very good at running booking services on mobile. Within less than a year Chujian has partnered with over 5000 hotels, and claimed to have 2million users and 7000 rooms booked per night. With a very quick booking system in which users can make orders and payment promptly on mobile and its wide network of budget hotels, the company has already started profiting.

It seems that in hotel booking area, ChuJian hasn’t really seen any player catching up yet. However, in the area of lifestyle service which ChuJian is now aiming at, we have seen some more rivals. For instance, the popular social rating site Dianping, and the food recommendation app company Lehe, who had also closed $10million funding from Sequoia Capital.

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