Ocean Link plans to fund the transaction with equity capital and debt capital.
Airbnb was valued at USD 31 billion in its most recent private fund-raising round, according to data provider PitchBook.
A source told ChinaTravelNews that Klook spent less than USD 10 million in its acquisition of Huizhuche, a price tag much lower than the car rental firm's claimed value after its series B round.
The Israel-based company is establishing its APAC headquarters in Hong Kong as a gateway to APAC and China.
The platform is available across 42 countries in 5 continents, and lets you search by location, language, specialty, and cost.
The sale through Lvji's own APP contributed less than 1% of the company's total revenue.
Through the acquisition, Gather, already owned by Vista, will be merged with Tripleseat.
System integration service revenue rose 23.3% to RMB 1,168.0 million for 2019, accounting for 14.4% of the company’s total revenue in the year.
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