17u.cn, a Chinese online travel service provider, has received RMB500 million (USD82mn) round of funding from Boyu Capital and existing investors, Oriza and Tencent.

Launched in 2004, 17u started with business-to-business online travel products. Till now it has little difference from other consumer-facing online travel services like Ctrip. 17u.cn provides hotel/flights/cruise booking, sightseeing tickets, services for self-travelers, group-buying deals, etc.

Tencent invested RMB tens of millions in 17u.cn in mid-2012. An earlier rumor was the Chinese Internet giant bought 30% a stake in 17u in 2011. But 17u never confirmed it. In 2008 the company received RMB35 million funding from Oriza.

Start your free trial now.

Get instant access to all our premium content, archives, newsletters, and online community.

Monthly Membership

Yearly Membership

What you get

Full access to all premium content and our full archives

Members'-only newsletters

Preferential access and discounts to all TechNode events

Direct access to the TechNode newsroom

Start your free trial now.

Get instant access to all our premium content, archives, newsletters, and online community.

Monthly Membership

Yearly Membership

Tracey Xiang

Tracey Xiang is Beijing, China-based tech writer. Reach her at traceyxiang@gmail.com