Foreign media reports that 188bet login acquires Xiaozhu,Xiaozhu said it was “inconvenient to evaluate”

Big accommodation Authors of this article: Liu Chenchen, Li Haiqiang 2016-11-23
Bloomberg quoted sources on the 23rd as saying,188bet login is discussing acquisition matters with Xiaozhu。Zhihui checks with Xiaozhu,The other party said: "It is not convenient to evaluate。”

Zhihui November 23 news,According to Bloomberg citing sources,188bet login is discussing acquisition matters with Xiaozhu,To expand China’s short-term rental sharing market。

It is reported,The two sides have held many talks and discussions,Source says,The deal may be completed。Whether the two companies are discussing a transaction,Neither party commented。

Zhihui checks with Xiaozhu,The other party said: "It is not convenient to evaluate。”

Xiaozhu is the largest accommodation sharing platform in China,On November 2, it was just announced that the C+ and D rounds of financing were completed,Total USD 65 million。Including Capital Today’s C+ round of financing at the end of last year,And recently led by Joy Capital and BAI (Bertelsmann Asia Investment Fund),Morningside Capital、Series D financing co-invested by Today Capital and Heyu Capital。

It is reported,Xiaozhu has more than 100,000 properties in 301 cities across the country,Nearly 10 million active users,It is expected that the platform business volume will increase by 500% year-on-year in 2016。

June this year,188bet login completes US billion in debt financing。November 17,188bet login announced the launch of new service Trips at the Global Host Conference in Los Angeles,The increase in new business will prompt 188bet login to transform from a non-standard accommodation booking website into a comprehensive service tourism enterprise。Industry opinion,The launch of Trips marks the beginning of 188bet login’s transformation into a full-service travel company,Instead of becoming a pure hotel challenger,This will ensure that 188bet login maintains a stable source of income,Or at least less restrictive government regulations and opposition from the hotel lobby。

A recent report released by investment firm Cowen and Company shows: 2013,9 million guests using 188bet login listings,By early 2016,188bet login announced that the number of users who have used 188bet login services exceeds 60 million;The number exceeds 100 million in summer。This number is expected to soar to 500 million by 2025。

188bet login accelerates its expansion into the Chinese market

October this year,188bet login starts campus recruitment in domestic universities,China has suddenly become the market where 188bet login recruits the most jobs in the world。It seems,This company established an office in Hong Kong two years ago,We are going to make efforts in China。188bet login Greater China spokesperson previously stated in an interview with the media,The scale of this school recruitment is close to the current social recruitment scale of 188bet login in China。188bet login China has been steadily promoting recruitment since last year,Positions involved include legal affairs、PR、Market、Community、Government relations, etc.;The current 188bet login China team size is about 20 people,However, 188bet login did not disclose the next team expansion plan to reporters。

188bet login has long realized that China’s domestic market is a much larger market than outbound tourism。But from inbound travel、Looking at outbound tourism and domestic market,188bet login has the most obvious advantage in the inbound tourism market,The advantage of the outbound tourism market is the housing supply,The disadvantage is the lack of targeting Chinese tourists。
188bet login does not need to face a strong competitor like Didi in the Chinese market like Uber,Waiting for it are its Chinese disciples,Like little pig、Tujia, etc.。

Attachment: Original text of Bloomberg report

*Author of this article: Liu Chenchen (personal WeChat: Alex-chenchen),Executive Reporter,Li Haiqiang (personal WeChat: lhq434849653),Zhihui 188bet login Analyst,Welcome to break the news and communicate!


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