Weimob, HNA to cooperate in Internet areas
Print Edition
WEIMOB.COM said yesterday that it will cooperate with the HNA Group in Internet finance, insurance and tourism.
The Shanghai-based startup that provides marketing services on WeChat will help HNA offer finance, tourism and logistics services to Chinese consumers who are increasingly spending more time on smartphones.
“Weimob, with a strong distribution channel and technology, will help HNA expand business on WeChat and other mobile Internet platforms,” said Tan Xiangdong, chief executive of HNA, an industrial conglomerate that engages in aviation, capital, tourism and logistics.
HNA aims to tap the cooperation and investment in Weimob to expand business online and in mobile Internet sectors.
The cooperation also includes HNA’s online wealth-management services, tourism products and logistics services for cross-border e-commerce, which will all be operated on Weimob and targets WeChat users.
HNA owns 1,000 aircraft and operates 800 domestic and international routes.
In November, Weimob said it received a new round of financing of 500 million yuan (US$76 million), with HNA Capital, a subsidiary of HNA, leading the investment.
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