Shiji acquires a majority stake in SnapShot
With the additional investment of EUR 17.9 million, Shiji holds 69.07% of SnapShot stock equity.
Shiji announced the B2 investment in SnapShot through Shiji’s wholly-owned subsidiary Shiji (Hong Kong) Limited. With the additional investment of EUR 17,952,900, Shiji holds 69.07% of SnapShot stock equity.
Snapshot is one of the most important data-based platforms contributing to the Shiji development strategy.
Snapshot provides 3 core products, a data platform, online and offline technical training of hotel revenue strategies, and hotel demand management consulting business.
After the B1 investment, Snapshot has completed the framework of the data platform and the development of Analytics, a data analysis application.
SnapShot has connected with over 1,000 hotels’ property management systems (PMS) and established cooperation with more than 40 data partners. So far, Analytics has signed more than 2,000 hotels.