Mafengwo operates an online travel community and content platform built on user-generated content and active users, positioning itself as a leading travel content and commerce site in China. The company expanded from community content into commercial services, launching hotel reservations in 2015 and deepening its supply chain to create a content-to-transaction e-commerce loop. It reports more than four consecutive years of GMV growth exceeding 100% and emphasizes high-quality original UGC and active user engagement. Mafengwo was officially launched in 2010 by co-founder and CEO Gang Chen and is headquartered in Beijing. The company says it will use new capital to expand operations and broaden its business reach. Mafengwo plans to reinforce its content-driven decision barriers and build a one-stop travel service platform driven by AI and algorithms.

Total raised

$250M

Funding rounds

1

Latest round

Equity

Latest activity

May 2019