Morning, August 3rd，188bet Online Sports Betting and Casino CEO Luo Jun sent a message on Weibo and WeChat，It is said that 188bet Online Sports Betting and Casino has completed D and D+ rounds of financing，New round of financing of US0 million，Valuation exceeds 1 billion US dollars。This round of investment was led by All-Stars Investment，The world-renowned apartment management company Ascott (hereinafter referred to as "Ascott") and existing investors also participated in the investment。
188bet Online Sports Betting and Casino completed Series A financing in May 2012，Completed Series B financing in February 2013，The first two rounds of financing totaled 400 million yuan，The investors are GGV Capital、Lightspeed Anzhen、CDH Investment、Qiming Venture Partners、Broadband Capital、Ctrip and HomeAway。June 2014，188bet Online Sports Betting and Casino announces Series C financing，Financing US0 million，Every investor in the first two rounds followed up on investment。

188bet Online Sports Betting and Casino announced at the same time，Will enter the C2C property sharing field，And carry out the "188bet Online Sports Betting and Casino" strategy of platform cooperation，Expanding overseas housing has also become their next goal。

In an interview with Global Travel News，Luo Jun said，188bet Online Sports Betting and Casino makes it today，If you only look at one indicator as the score，That’s the average number of users on the website 4.A rating of 6 points - out of 5，This already explains the problem。Luo Jun said: "We have been doing this for 3 years，Start from scratch，It’s not easy。But our company has always had a pattern: we are not just a company，But to be an industry。”

New investors are optimistic about 188bet Online Sports Betting and Casino’s “sharing economy” model

“The new round of financing shows the market’s full recognition of the industry led by 188bet Online Sports Betting and Casino。" Luo Jun said，The new round of financing will be mainly used for the development of 188bet Online Sports Betting and Casino’s online and offline platforms and ecological chain、Product technology research and development to improve user experience、Brand promotion, etc.。

188bet Online Sports Betting and Casino’s new investors in this round of financing are strong。All-Stars Investment is a world-renowned investment institution，Previously led investment in Xiaomi and participated in investment in Didi Taxi，Inspected hundreds of startups this year，In the end, the only choice was 188bet Online Sports Betting and Casino。Has more than 30 years of professional experience、Ascott, the world’s largest owner and operator of international serviced apartments, participates as a strategic investor，Indicates the professional market’s recognition of 188bet Online Sports Betting and Casino，And more cooperation in the future，It also makes 188bet Online Sports Betting and Casino take another step towards the professional field。

As a new investor，Mr. Ji Weidong, founding partner of All-Stars Investment, said: “Accommodation sharing is one of the most popular models in the ‘sharing economy’ in Europe and the United States，China has the largest tourist population in the world、The largest overseas travel spending in the world、The largest number of vacant properties in the world，There is fertile ground for the development of the accommodation sharing market。The accommodation sharing industry is asset-light、Characteristics of light services，Its growth rate and future scale will far exceed that of traditional hotels。As an industry leader，188bet Online Sports Betting and Casino has high cost performance、Diverse listings、High customer return rate、Network effects and other advantages，Is an industry leader in the spotlight。”

At the same time，Ji Weidong further explained why he chose to invest in 188bet Online Sports Betting and Casino: "188bet Online Sports Betting and Casino is the leader in the accommodation sharing industry，The company has an all-star management team，There is a grand pattern，Also has meticulous execution ability，And managers we like，We must have higher feelings besides money。188bet Online Sports Betting and Casino management’s passion for business and dedication to customer satisfaction，We were impressed。”

A series of "big moves" were simultaneously disclosed

Synchronized with the release of financing news，Luo Jun also disclosed a series of "big moves" 188bet Online Sports Betting and Casino first phase after financing:

One，Officially launch C2C business。188bet Online Sports Betting and Casino will respond to market demand，Further expand the scale and features of the property，Extend different product lines。Compared to other C2C short-term rental platforms，188bet Online Sports Betting and Casino will use innovative operating strategies to enable more individual landlords to share their vacant houses and provide quality assurance。

Part 2，Officially launch the "188bet Online Sports Betting and Casino people" campaign。188bet Online Sports Betting and Casino will conduct in-depth cooperation with upstream and downstream institutions and partners in the non-standard accommodation ecological chain，Activate richer listings，Diversified business liquidity，Let’s make this market cake bigger。Including Ascott, the strategic investor in this round、Operators of white-collar apartments and the real estate crowdfunding platform “Wuyouwufang”, which 188bet Online Sports Betting and Casino has previously announced to invest in, will all participate in the “188bet Online Sports Betting and Casino People” campaign。

Part 3，Further expand overseas business。In the next six months，188bet Online Sports Betting and Casino will selectively set up directly affiliated agencies in overseas destinations，More efficiently meet the overseas vacation needs of domestic users。

188bet Online Sports Betting and Casino’s financing news and the above series of development strategies coincide with the policy spring breeze。July 28，Premier Li Keqiang presided over the State Council executive meeting，One of the important contents of the meeting is to explore new hot spots of tourism consumption，Relax online vacation rentals、Access and business license for new “Internet +” business formats such as travel car rental。The concept and business model of "vacation rental" was first proposed by 188bet Online Sports Betting and Casino in China and has been continuously implemented，188bet Online Sports Betting and Casino’s series of development strategies will implement various policies encouraged by the state。

Entering the channel of large-scale development

188bet Online Sports Betting and Casino is positioned as a global apartment and homestay booking platform，The platform was officially launched on December 1, 2011，After more than three years of development，Currently covering 255 domestic destinations，133 overseas destinations，More than 310,000 online properties。Meanwhile，188bet Online Sports Betting and Casino has signed contracts with 170 domestic government agencies，And reached strategic cooperation with a large number of domestic real estate development companies，Contracted management assets exceed 100 billion yuan，The contracted housing reserve exceeds 600,000 units，More than 5,700 housing projects are being negotiated。

As of the second quarter of 2015，More than 40 million users have downloaded 188bet Online Sports Betting and Casino APP，Hundreds of thousands of users use 188bet Online Sports Betting and Casino to check and book beautiful homes in various places every day。The user review satisfaction rating on the 188bet Online Sports Betting and Casino platform exceeds 4.6 points (out of 5 points)，93% of users commented that they would stay again and recommend to relatives and friends。

Since this summer，188bet Online Sports Betting and Casino’s order volume is growing rapidly，Continuously refresh history。Regardless of financing scale、Housing coverage、House Reserve、Number of users、Look at multiple dimensions such as order quantity and user reputation，188bet Online Sports Betting and Casino has entered the channel of large-scale development。