17u.cn, a Chinese online travel service provider, has received $82 million in a massive round of funding. The deal was led by Boyu Capital with participation from existing investors Oriza and Asian juggernaut Tencent. Tencent invested tens of millions of yuan in 17u.cn in mid-2012. An earlier rumor had it that the Chinese Internet giant bought a 30 percent stake in 17u in 2011. However, 17u never confirmed that deal. In 2008, the company received 35 million yuan in funding from Oriza. After the deal in 2012, 17u’s services were integrated into Tencent’s QQ Travel platform. Commenting on this latest round of funding, 17u reps said the company’s goal is still an IPO. This round of funding will be input into sightseeing tickets, short-distance travels, mobile, among others. The company aims to be the No.1 in casual travel in China. Get the full story at VentureBeat