The funding brings the total raised so far by the mobile-only business to CA$235 million (USD 184 million).
The system uses AI to analyze the content in those posts to help brands understand the attributes.
Xiaozhu’s business model hews closest to Airbnb’s. Beyond traditional accommodation, it also offers services that help homeowners improve the look and feel of property for would-be renters.
Revenues from in-store, hotel & travel businesses in the first half of 2018 increased by 44.1% to RMB 6.8 billion from RMB 4.7 billion in the same period of 2017.
The Umapped platform consolidates bookings, curated content, communications and real-time location data into a single web and mobile interface.
Tujia, China’s largest vacation rental company and its offline property management group Sweetome, aim to leverage Cozy Holding’s blockchain capabilities and reach in North America.
Existing investors including SoftBank Vision Fund, Sequoia Capital and Lightspeed Venture Partners have put in $800 million, with commitments for another $200 million.
Infor regards the acquisition as a method of extending its suite of technology services for hotels into new areas, such as point-of-sale, inventory management and procurement tech.
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