DirectBooking Technology Co. enters share purchase agreements with investors

DirectBooking Technology entered into share purchase agreements with several heavyweight investors, bringing on board strong industrial and capital partners to support its long-term strategy of “digital transformation of traditional industries + a digital ecosystem for premium customized baijiu.” Participating investors include Yao Jinbo, Chairman and CEO of 58.com Group; Wang Donghui, Founding Managing Partner of Amiba Capital; and Li Daxue, founder of Magcloud Group and DeepYou, former Senior Vice President and Lifetime Honorary Advisor of JD.com. The Company noted that this financing round is not merely a financial capital injection, but more importantly a deep strategic alliance in terms of resources. It will help accelerate the rollout and expansion of DirectBooking Technology’s hotel AI booking platform.