Alibaba

China’s Airbnb Rival Looking Into Face-Scanning Smart Home Tech

China’s Airbnb Rival Looking Into Face-Scanning Smart Home Tech

Xiaozhu, an Airbnb-like service based in China, has announced that it has brought in $300 million in its latest financing round, and will use part of the capital influx to develop smart home technology, which could involve biometrics. The funding round was led by Advantech Capital and Yunfeng Capital, a venture capital firm backed by…