The company aims to follow up with an A-round of financing in early 2019 and take its market cap to 200 million yuan.
The turnover of ticketing operations and accommodation bookings were $6.79 billion and $1.54 billion, respectively.
Kuaiying Technology provides mobile payment solutions for tourist attractions to enhance their management and operational efficiency.
The agreement will strengthen MHR’s distribution through Hotelbeds’ presence in more than 140 markets.
Sunlight Tourism has launched six projects across the country, including Sun Valley, Sun Coast, Sun Forest, Sunlight Farm, Sunshine Valley and Sun Lake.
Mafengwo is reported to be closing its latest round of financing led by Tencent, and the company is to reach a post-money valuation of $2 billion, according to 36Kr.
ITO operates over 30 stores in Japan, South Korea, Singapore, Vietnam, the United States, Hong Kong, Taiwan and other countries and regions.
The company had raised an angel round funding from Japan’s Infinity Ventures Partners.