Investors Bet Millions More in China: Travel Startup Funding This Week
Photo Credit: An image of a customer at a Beijing Starbucks cafe using a tool introduced this year from Concur, a provider of travel, expense and invoice management solutions, to generate an electronic fapiao (a Chinese tax receipt) solution that syncs seamlessly into China’s WeChat messaging platform. Chinese online travel innovation is growing at a fast pace. Concur
Skift Take
China's travel startup scene is less well covered in Western media due to the language barrier, but is nonetheless just as vibrant as the West's.
Travel Startup Funding This Week
Each week we round up travel startups that have recently received or announced funding. Please email Travel Tech Reporter Justin Dawes at [email protected] if you have funding news.
We report on several startup fundings in China that unfortunately did not disclose the funding amounts. Earlier this week, however, we noted that Hong Kong-based Klook, an activities booking startup, had raised $200 million.
>>Islands, a startup that offers marketing and soft-branding services for independent hotels primarily in China, has received a Pre-B Series round of financing.
Vision Capital, a private equity firm, led the undisclosed round. The company has previously raised more than $3 million in funding from investors including Banyan Capital, Plum Ventures, Zhen
