Tujia Sweetome invests in blockchain-equipped Cozy Holding
Tujia, China’s largest vacation rental company and its offline property management group Sweetome, aim to leverage Cozy Holding’s blockchain capabilities and reach in North America.
Cozy Holding, best known for its vacation rental platform, Cozystay, is announcing that its property management company, Cozy Living has secured an investment from Sweetome. Sweetome is Tujia’s offline property management group.
This investment follows Cozystay’s recent announcement that it would integrate blockchain into its platform by way of a partnership with Singapore-based Share Everything Lab.
“This investment provides Sweetome with increased access to the North American market, as well as access to the Share Everything Lab blockchain platform which has the potential to improve the customer experience of the vacation rental and property management industry significantly,” said Justin Luo, Co-Founder and CEO of Tujia.
Cozystay has 60,000 users, 200,000 listings worldwide and offices in both Vancouver, Canada and Beijing, China. The company serves a large number of Chinese-speaking hosts and the platform itself can be used in Chinese.
Read Original Article