
WeTrip China
WeTrip is an outbound travel service platform.
Date | Investors | Amount | Round |
---|---|---|---|
$8.0m | Series A | ||
Total Funding | 000k |
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WeTrip operates as a specialized travel platform focused on delivering curated tours to China for a global clientele. The company is a subsidiary of WeBuy Global Ltd., a technology-driven holding company listed on the Nasdaq (WBUY) that aims to transform e-commerce and travel in Southeast Asia. WeTrip has established a significant operational footprint, having successfully delivered over 20,000 tours.
The business functions primarily as a tour operator, curating and organizing comprehensive travel packages. These packages typically include arrangements such as airport transfers, stays in 4-star international hotels with daily breakfast, bus travel with English-speaking guides, and entrance fees to all attractions specified in the itinerary. The company's offerings showcase China's cultural heritage and landscapes, with multi-day tours that can also feature combined destinations like Vietnam, South Korea, or Indonesia. WeTrip leverages technology through an AI Travel Planner on its platform, which can generate customized itinerary information for customers and provide smart recommendations from a specialized database.
Financially, the company has secured external funding to fuel its growth. In July 2019, under the name "WeTrip 西游计旅行," it announced the completion of an $8 million A-round financing from investors including GSR Ventures and Zhongzhi Group. At the time, the stated use of funds was to consolidate its B2B market in China and expand its services. The company's strategic positioning is strengthened by official support from the Chongqing Government and a partnership with China Tourism Group (CTG), the country's largest state-owned tourism enterprise, enhancing its ability to provide seamless travel services.
The company was founded by CEO Jiaxin Ni (倪佳欣), a graduate of Columbia University's economics department and Peking University's law school. Ni's background includes experience at investment banks like Goldman Sachs and extensive personal travel, having visited 66 cities globally. This blend of financial acumen and passion for travel informed the company's foundation. The broader team comprises individuals with deep experience in the travel and tech industries, with backgrounds from companies like Hotels.com, Lazada, Baidu, and Sina. Keywords: China tours, travel platform, tour operator, Nasdaq listed, AI travel planner, Southeast Asia travel, cultural tourism, group tours, customized itinerary, online travel agency