Tujia strengthens top slot in China's home rentals marketNews / DistributionBy Martin Cowen | June 22, 2016Share Tujia has bought smaller rival Mayi, firming up its position as China's biggest home rentals platform.Coverage on China Travel News adds that 58.com, the Chinese e-commerce marketplace which sold Mayi, will get a seat on the board as part of the deal. Tujia picked up $300 million Series D funding last August and has raised a total of $450 million so far, according to Crunchbase.HomeAway, owned by Expedia Inc, was involved in its $15 million Series A in May 2012 and its $100 million Series C in June 2014. Ctrip also has a stake.Mayi, another vacation rental platform, was founded in November 2011 via a $20 million investment by classifieds platform Ganji.com, which was in turn acquired by 58.com.Click here to read the story on China Travel News.Related reading from Tnooz: Ctrip invests in outbound; Qunar back in the air (June 2016) Expedia takes new approach to China (Feb 2016) Airbnb adds local VC partners to open doors in China (Aug 2015) AirbnbCtripHomeAway