Top News Fliggy partners DidaTravel on accommodation supply By TTG Asia / Posted on 10 November, 2021 15:30 Chinese travel service Fliggy, part of the Alibaba ecosystem, has named DidaTravel its preferred accommodation partner for sourcing and distribution, a move that allows both companies to expand their accommodation portfolio and network of users. Fliggy’s portfolio of hundreds of thousands of hotels across China and the wider Asia-Pacific region will be able to connect with more than 23,000 travel trade buyers on DidaTravel’s network, while DidaTravel’s hotel and tourism product partners around the world can access Fliggy’s 320 million users across China. The partnership follows on from Alibaba’s series B financing in DidaTravel earlier this year, with a sum valued at hundreds of millions of yuan. Rikin Wu, founder & CEO of DidaTravel, said the partnership with Fliggy would benefit both companies once the Chinese outbound market opens up in 2022. Wu also added that Alibaba’s series B financing has enabled his company to invest in technology and expansion into Europe and North America, “where we will make new announcements shortly”. The financing round was led by Alibaba and joined by Shenzhen Venture Capital and Guolong Capital, both of which had previously invested in DidaTravel’s 2018 fundraising. Founded in 2012, DidaTravel now has over 300 staff in seven offices worldwide. The company transacted more than US$700 million worth of hotel bookings in China and Asia-Pacific in 2019.