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, founded just three years ago, won this 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 awards dinner, 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 Co-founder and CTO Melissa Yang at the awards ceremony
Red Herring is the most influential magazine in Silicon Valley, USA, and is regarded as the world’s most renowned internet investment and technology media outlet, often referred to as the “bible of Silicon Valley” in the investment community. Over the past 20-plus years, Red Herring has discovered a large number of valuable emerging companies through rigorous evaluation of actual performance and future growth potential. 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 recognize the most promising privately-owned technology companies in the Asian business arena. This selection is known for uncovering high-potential high-tech enterprises, and its ranking is considered a barometer for investment.
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 and service apartment leasing, providing a new solution for managing real estate in China. At the same time, Tujia.com has built a trustworthy, flexible, and transparent e-commerce platform between travelers and property owners, offering standardized, cost-effective new options for vacation accommodation. Focusing on vacation rentals, Tujia.com currently covers 141 domestic destinations and 66 overseas destinations, with 95,862 online listings.
Since its launch on December 1, 2011, Tujia.com completed Series A and B financing totaling 400 million RMB within 400 days of establishment, and secured 100 million USD in Series C financing by day 800. Its rapid development has drawn significant attention from the industry. Luo Jun, Co-founder and CEO of Tujia.com, stated: “This is not only recognition of Tujia, but also an endorsement 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 user experience, enabling more users to enjoy unique vacation accommodation sooner.”