From real estate to fintech and on-demand services, no one appears to be shying away from a heavy cash burn-rate in 2016. The company raised $1.9 billion USD in their first round last year. Real Estate Company Homelink Looks To Raise $1 billion USDHomelink Real Estate Brokerage Co., a Beijing-based property broker founded in 2001, is seeking to raise around $1 billion USD with interest from internet giants Tencent and Baidu, valuing the company at near 40 billion yuan ($6.2 billion USD). Didi Kuaidi Raises Funding Target To $1.5 billion USDChina’s leading ride-hailing service Didi Kuaidi could see their valuation top $20 billion USD if the company is able to settle their $1.5 billion USD funding target. The company has been locked in an aggressive spending war with Uber, which currently values their China arm at near $7 billion USD.