Klook receives more than 30 million site visits per month and has more than five million reviews.
DragonPass generated revenues of 1.1 billion yuan in 2019, representing a compound annual growth rate of 40% compared to three years ago.
ttg has so far serviced over 100,000 travelers who spent an average price of 90 to 120 yuan per order.
The initial consideration is US$18 million, which represents approximately 6x of CTP's FY 2020 net profit before tax.
Lightspeed made a profit of about $250 million from the sale while executives at Sequoia have taken home around $150 million.
The combined company has over 18,000 venues on the platform，currently serving over 5,000 businesses collectively.
TravelFlan claims to be working with 100-plus travel content and product suppliers including Klook, Marriot and Tuniu.
Resort Lodging Company's landlord partners will benefit from Vacasa’s dynamic pricing, marketing and booking expertise, and partnerships with top listing sites such as Airbnb and Booking.com.
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