188bet officially announced today that it has successfully completed the latest round of financing，The amount is tens of millions of yuan。The investor is Civil Aviation Investment Fund、Caesar 188bet and Cheung Kong Graduate School of Business Innovation Fund，Zuo Yu serves as the exclusive financial advisor。

188bet is an innovative global travel product trading platform，Product covers air tickets，Hotels and Destinations。As understood，188bet will use the funds obtained this time to strengthen the company’s management、Business Development and Operations Team、Expand global network and continue to broaden the company’s product line，And thereby build 188bet into the world's leading inter-industry trading platform for travel products，Provide simpler and smarter solutions for the industry。

Before this，PKFARE completed its angel round of financing in August 2015，Participating in the 188bet are Shenzhen Innovation 188bet Group Co., Ltd. and Shenzhen Qianhai Zhangqu Chuangxiang Equity 188bet Company。later completed its Pre-A round of financing in March 2017，Participating in the 188bet is Shenzhen Qianhai Taiya Dingfu Equity 188bet Partnership，Shenzhen Qianhai Zhangquchuangxiang Equity 188bet Company followed the 188bet。

Second financing this time，Proof that 188bet continues to be favored by the capital market。

Statement from the investor representative of Civil 188bet，In investment direction，Civil 188bet pays more attention to big data application projects in the civil aviation industry itself，PKFARE is such a company that integrates global superior resources，Intelligent machine algorithm，Big data and dynamic hedging financial strategies，The world's leading travel product inter-industry trading platform that provides intelligent and comprehensive solutions to global travel industry operators。

The investor representative of Civil Aviation Investment Fund thinks， PKFARE already has a unique and innovative business model in the 188bet B2B industry，has become a pioneer in this field，Global market positioning and steady work style have attracted our attention and favor，“We are very optimistic about the development of PKFARE in the 188bet B2B field，We believe，Future，PKFARE can definitely help the 188bet industry break down transaction barriers，Create a new 188bet product supply and procurement ecology。”

PKFARE strives to solve the pain points of the industry，Includes languages ​​between buyers and sellers of global travel products、Culture、Time zone、Multiple barriers such as currency exchange rate，And the resulting serious asymmetry of information。By integrating global superior resources，Intelligent machine algorithm，Big data and dynamic hedging financial strategies，PKFARE provides intelligent overall solutions to global 188bet operators，Includes real-time inventory data，Best purchase price，24/7 seamless multi-lingual customer service and diversified product portfolio。

Caesar Travel also benefits from the booming Chinese outbound travel market，An important factor in investing in PKFARE this time is，Fancy its huge development space and value as an innovative global travel product inter-industry trading platform。Ms. Jin Ting, Assistant President of Caesars 188bet, said: “In terms of innovative development and operating concepts in the 188bet market，Caesar Travel and PKFARE have a lot in common，Looking forward to mutually complementary resources in the future，Mutual promotion of development。”

In fact，188bet’s current direction of development is in line with such expectations，The next step is to deepen the supply chain vertically、Expand product categories horizontally。Currently，188bet integrates more than 600 airlines around the world、Real-time data from over 400,000 hotels and over 20 destination management companies，Business network covers more than 100 countries and regions around the world，Provide one-stop intelligent overall solution for tens of thousands of buyers。

Song Jianchun, founder and CEO of PKFARE, said: “The successful completion of this round of institutional financing is crucial for PKFARE at present，This will help PKFARE enter a high-speed development track。We are looking forward to working with the Civil Aviation Investment Fund、Close cooperation between Caesar 188bet and Cheung Kong Graduate School of Business Entrepreneurship Fund，With the help of their strong resources and rich management experience，Develop PKFARE into a first-class global company，Strive to complete the listing plan in the near future。”

About 188bet

188bet(Bike) is an innovative global travel product trading platform，Product covers air tickets，Hotels and Destinations。By integrating global superior resources，Intelligent machine algorithm，Big data and dynamic hedging financial strategies，PKFARE provides intelligent overall solutions to global 188bet operators，Includes real-time inventory data，Best purchase price，24/7 seamless multi-lingual customer service and diversified product portfolio。

Currently，188bet integrates more than 600 airlines around the world、Real-time data from over 400,000 hotels and over 20 destination management companies，Business network covers more than 100 countries and regions around the world，Provide one-stop intelligent overall solution for tens of thousands of buyers。

About Civil 188bet

Civil Aviation 188bet Management Co., Ltd. is owned by Capital Airport Group Corporation、Civil Aviation Data Communications Co., Ltd.、Hanglian Insurance Brokerage Co., Ltd. and other major civil aviation companies jointly funded and established，Based on civil aviation、Serving civil aviation” is the purpose，Effectively promote the reform of the civil aviation 188bet and financing system，Promote the healthy and orderly development of the civil aviation industry。

About Caesar 188bet

Caesar 188bet was founded in 1993，Headquartered in Beijing，After 25 years of steady development，In Hamburg、Paris、London、With branches in 6 overseas core cities including Los Angeles，In Beijing, China、Shanghai、Guangzhou、There are branches in nearly 50 ports and core commercial cities such as Chengdu and Shenyang。October 2015，Caesar 188bet successfully listed on the A-share market，Become a member of the capital market。Stock code: 000796。

As of now，Caesar Travel’s brands cover more than 100 countries and regions around the world、More than 20,000 high-end 188bet products serving different groups of people。

Benefiting from the booming development of China’s outbound 188bet market，Caesar 188bet in its 25 years of development，With the concept of healthy and sustainable development、Innovative business model、International operation and management ideas，Win the public、Widely recognized by the industry and media，has become an outstanding brand in China’s outbound 188bet。

About the Cheung Kong Graduate School of Business Entrepreneurship Fund

The first venture capital fund authorized by Cheung Kong Graduate School of Business，Sharing with openness、Inheriting the concept of mutual assistance，Mainly for Yangtze River alumni and investors who support the construction of Yangtze River 188bet Platform，Focus on investing in outstanding entrepreneurial projects in the Yangtze River Chuangchuang Community，Building the Yangtze River Innovation and Entrepreneurship Ecosystem，Helping entrepreneurs。

About Beijing Zuoyu 188bet Management Co., Ltd.

Beijing Zuoyu Investment Management Co., Ltd.，It is domestic focused culture、188bet and large consumption fields，An investment institution integrating industry and finance。Business includes: investment in scenic spots and destinations、Three sectors: cultural 188bet content investment and investment banking business。