188bet app received US million in Series B financing led by Sequoia Capital China,Zuoyu Capital serves as financial advisor

Author of this article: 188bet app 2017-03-02
March 2,188bet app, Asia-Pacific’s leading travel experience booking platform, announced,Received US million in Series B financing led by Sequoia Capital China,Matrix Ventures、Wimmer Capital、Hua Chuang Capital continues to invest more,Zuoyu Capital serves as the financial advisor for this round of financing。

March 2,188bet app, Asia-Pacific’s leading travel experience booking platform, announced,Received US million in Series B financing led by Sequoia Capital China,Matrix Ventures、Wimmer Capital、Hua Chuang Capital continues to invest more,Zuoyu Capital serves as the financial advisor for this round of financing。188bet app plans to use a new round of funds to expand globally,Become a one-stop destination travel service platform - assisting global travelers to easily book popular local attractions、Special activities、WiFi、Transportation ticket、All-round travel experience such as food and shopping。

According to Zhihui’s understanding,188bet app was established in June 2014,is a one-stop destination travel and activity booking platform,October 2015,Received US million in Series A financing from Matrix Partners。188bet app is Asia-Pacific-focused,Currently covering more than 80 popular destinations around the world,Provide global users with more than 10,000 choices of attraction tickets and special activities,And introduce overseas destination resources into the Chinese market。2016,Travelers from more than 30 countries and regions use 188bet app,Five million trips booked。

Shen Nanpeng, global managing partner of Sequoia Capital, said: “The advantage of scale is particularly prominent in the tourism industry,This is especially true for the fragmented destination tourism field。188bet app, with both transaction and community attributes, is the leader in tourism in Asia-Pacific destinations,We are excited to work with them。”

Zhang Ying, founding managing partner of Matrix Partners China, believes: “Since Matrix Partners led the Series A investment,The 188bet app team demonstrated excellent market judgment and execution capabilities,The company has shown exponential growth,We are delighted to continue supporting their growth plans。”

188bet app brings together 200 employees from 15 countries and regions,Has 8 regional offices in Asia,includes Hong Kong、Shenzhen、Taipei、Singapore、Seoul、Bangkok、Kuala Lumpur and Manila,Will continue to expand this year。188bet app uses local teams to tackle difficulties in destination markets、Working model of joint interaction between multiple places。The perfect combination of local and internationalization,Let 188bet app integrate tourism resources in the “digital depression” area,Still expanding the global user market,Both have innate advantages。

Future,In the face of travelers’ increasing purchasing power and broader travel preferences,188bet app team will expand its business scope to the global market。According to 188bet app analysis,The demand for medium and long-distance journeys from Asia-Pacific users is increasing year by year,This trend will drive the steady growth of global destination services。

188bet app CEO and co-founder Ethan Lin said: “Over the past two years,We reshaped the Asia-Pacific destination tourism supply chain,Improved upstream and downstream efficiency,And effectively control destination resources。188bet app is also committed to bringing a smooth booking experience to users around the world,Provide high-quality in-service services,Ensuring that people’s needs at the destination can be met in one stop。”

188bet app COO and co-founder EricGnock Fah added: “188bet app is booking tickets for attractions、Performance of experience activities and one-day tours,We are quite satisfied。In the past year, 188bet app has also integrated local transportation and food experience bookings,Widely praised by users,This makes us more determined to build a complete destination platform。”

Daniel Hu, founder and CEO of Zuoyu Capital said,188bet app is an eye-catching entrepreneurial project in the entire Asia-Pacific and even global tourism industry in the past two years,The team is professional、Exemplary in terms of execution,In strategic layout、The refinement of operations is very worthy of learning from peers。Those who are enlightened will be helped more,I believe 188bet app will continue to surpass,Becoming a new pole in the global destination tourism market and even the independent travel market。

In addition,188bet app is also committed to creating the richest audio and video library for destination tourism。In addition to content creation teams based in various places,188bet app also has more than 300 travel experience experts across Asia who share first-hand experience on a long-term basis,Through distribution of original content,Even the continuous attempts of 360 panoramic/VR videos,188bet app will help global travelers make travel decisions and online experience bookings more conveniently。

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