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Comment on B2B Tourism Service 8trip Inked 150 Million Yuan Capital Injection by Travelzen Lands $92 Million In China’s Largest B2B Online Travel Funding Round | Business Brain Food
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Comments for TechNode
8trip, a B2B tourism service, announced 150 million yuan ($24.45 million) of funding from Vision Knight Capital and SBCVC.
Founded in December 2012, 8trips serves as a platform that bridge the gap between upstream tourism service providers and downstream travelling agencies, improving the trading efficiency for the two parties.
Vision Knight Capital has previously invested in 91, 500wan, Allyes, and PPS.
The two experienced investors set eyes on 8trip because they are bullish on potentials of B2B tourism market as well as the innovation and executive power of the team, said Wei Zhe, partner of Vision Knight Capital.
The company established cooperation with nearly 1,000 tourism agencies and more than 4,000 service outlets.
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