Gang Chen, Founder of Mafengwo

About Gang Chen

Gang Chen is the Co-Founder and CEO of Mafengwo, an online travel platform and community based in Beijing, China. Mafengwo, which began commercial operations in 2010, is known for its user-generated content and has expanded into hotel reservations and e-commerce. The company raised $250 million in May 2019, led by Tencent, and previously secured $133 million in December 2017.

Gang Chen at a glance

• Company: Mafengwo
• Total raised: $383M
• Latest round: Series E
• Investors: Tencent Holdings Limited, General Atlantic, Qiming Venture Partners, Yuantai Evergreen Investment Partners, NM Strategic Focus Fund, eGarden Ventures
• Location: Beijing, China

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