Tujia strengthens top slot in China's home rentals marketNews / DistributionBy Martin Cowen | June 22, 2016Share This article was originally published on 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