On August 27, Red Herring, the world’s most influential investment trend magazine, announced the 2014 “Red Herring Top 100 Asia” list in Hong Kong. Tujia.com, which was established just three years ago, won this prestigious honor with its innovative business model and rapid growth. Melissa Yang, co-founder and CTO of Tujia.com, accepted the award on behalf of the company. At the award banquet, Alex Vieux, publisher and CEO of Red Herring, specifically introduced Tujia.com to the attendees, making it the only company featured that evening.
Tujia.com listed among “Red Herring Top 100 Asia”
Co-founder and CTO of Tujia.com, Melissa Yang, at the award ceremony
Red Herring is the most influential magazine in Silicon Valley, USA, and is regarded as one of the world’s most well-known internet investment and technology media outlets, often referred to as the “bible of Silicon Valley” in the investment community. Over the past 20+ years, through rigorous evaluation of actual performance and future potential, Red Herring has discovered a large number of valuable emerging companies. Global internet giants such as eBay, Google, and Skype were all early recipients of Red Herring awards. Starting in 2005, Red Herring began selecting the Top 100 in Asia to identify and honor the most promising privately-held technology companies in the Asian business sector. This selection is renowned for uncovering high-potential high-tech enterprises, and its ranking is considered a barometer for investments.
Tujia.com is a leading high-quality vacation rental booking platform in China. With its innovative “O2O + B2C” model, it seamlessly integrates real estate services at tourist destinations with service apartment leasing, providing a new solution for managing real estate properties in China. At the same time, Tujia.com has built a trustworthy, flexible, and transparent e-commerce platform between travelers and property owners, offering tourists standardized and cost-effective new vacation accommodation options. Focusing on vacation rentals, Tujia.com currently covers 141 domestic destinations and 66 overseas destinations, with 95,862 listings online.
Since its launch on December 1, 2011, Tujia.com completed its Series A and B financing rounds totaling 400 million RMB within 400 days of establishment, and secured 100 million USD in Series C funding within 800 days. Its rapid development has drawn significant attention from the industry. Luo Jun, co-founder and CEO of Tujia.com, said: “This recognition is not only an affirmation of Tujia but also an acknowledgment of the vast potential of China’s vacation rental industry. We hope to lead the rapid growth of the vacation rental sector. To achieve this goal, Tujia will continue to enhance the user experience, enabling more users to enjoy unique vacation accommodation experiences sooner.”