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Poly Real Estate plans to invest RMB 2.5 billion in Didi

06/23/2016|10:50:36 AM|

Poly Real Estate will purchase 1.46% shares of Didi for less than RMB 2.5 billion. This puts the ride-share giant’s worth at about USD 26 billion. However, other data indicate that Didi may be worth at least USD 27.6 billion.

Flats brand Memor Home closes million-yuan A round backed by Poly Group

03/20/2017|10:03:52 AM|

Apartment rental brand Memor Home announced that it has raised millions of yuan in its A round funding backed by real estate conglomerate Poly Group’s investment arm.

B&B brand Sweetome begins independent operation backed by Poly Capital

03/29/2018|8:41:42 AM|

Customized B&B brand Sweetome Group has announced its core strategy of “sharing accommodation” and the completion of a new round of financing backed by real estate conglomerate Poly Capital.

ChinaTravelNews Briefing: Ctrip Car licensed to run, Meituan buys Mobike, Airbnb Plus

04/08/2018|5:49:42 PM|

Ctrip Car gets the nod to run ride-hailing business; Meituan extends its offerings to 320 million annual active users through its Mobike acquisition; and higher fuel cost is affecting the growth of airlines.

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