Lead investors include an investment firm co-founded by Alibaba founder Jack Ma and the registered entity of Alibaba’s food delivery unit Ele.me.
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Hotel & lifestyle brand Atour files for $100 million US IPO, with Trip.com holding 14.8% shares; Tencent invests in aviation technology startup.
Given the nature of role-playing detective games, they are more suited for social- or resort-type hotels, but not so much for traditional business hotels and those built in iconic scenic spots.
The company was founded by Trip.com’s former COO and backed by top investors like Tencent and Sequoia Capital .
The company aims to take its robots to thousands of hotels in 25 Chinese cities this year.
Official says China can’t open up like US despite vaccination; RV business flourishing with over 5,400 registered companies.
Regulator works out rules to improve trustworthiness of travel businesses; China’s deepening opening-up to favor global post-pandemic tourism.