Lvyouquan

Founded in 2013, Lvyouquan, which is owned by Shanghai Pipikou Network Technology Co., Ltd., operates as a business-to-business platform in China's travel industry. The company facilitates transactions between upstream travel product suppliers and downstream travel agencies. Lvyouquan provides a distribution network for a comprehensive range of travel packages, including international tours, domestic short and long trips, independent travel, and cruises.

The platform aims to create a more efficient distribution model for suppliers through the integration of internet technology. For travel agencies, it offers a wide array of cost-effective products and provides online-to-offline marketing tools to help them optimize their sales processes. This model positions Lvyouquan as an open, independently operated third-party transaction platform within the travel sector.

The Shanghai-based company has secured significant financial backing to support its growth. In 2014, it raised a Series A of $1.6 million, followed by a Series B round of $19.5 million later the same year from investors including Haitong Securities and Purun Investment. A substantial Series B round of $78.1 million was raised on November 23, 2015, led by Haitong Securities, Purun Investment, and Yiju Enterprise Group, bringing its total funding to $99.2 million. In December 2014, the company announced a financing round of RMB 120 million from Principle Capital, China AMC, and Haitong Securities.

Keywords: B2B travel, travel distribution, online travel agency platform, travel packages, tour suppliers, travel agents, Shanghai, Pipikou, travel booking platform, tourism technology, travel industry network, O2O marketing, travel product distribution, China travel market, corporate travel, travel management, Haitong Securities, Purun Investment, Yiju Enterprise Group, Principle Capital