Chinese sovereign wealth fund, CIC, contributes $100 million to Airbnb

China’s sovereign wealth fund, the China Investment Corporation, has bought a $100 million stake in Airbnb through Airbnb’s latest funding round.

According to a filing with U.S. securities regulators cited by Sky News, CIC contributed 10 percent to Airbnb’s latest funding round of $1 billion.

See: “Chinese sovereign fund CIC buys stake in Airbnb‘ | Rich Brockmann, The Real Deal, 10 March 2017

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