a Hong Kong-based car rental platform offering bookings in more than 200
countries, has received an investment from Fliggy, the online travel platform
of Alibaba Group.
QEEQ describes the investment as “tens of millions of U.S. dollars” but would
not specify the amount.
QEEQ says the funding is part of a partnership between the two companies to integrate
offerings, “promote the digitalization of international car rental companies
and explore the development of a ‘car rental plus’ model."
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It says Fliggy, which is a full-service platform offering air tickets,
hotels, visa services and in-destination experiences, also made the investment
as part of its strategy to help travel industry players improve their
digitalization while also providing better experiences for Fliggy’s customers.
“Triumph of this investment
shows Fliggy's confidence in our company and the potential of the tourism
industry. Through this collaboration, the car rental services of both sides in
overseas markets will now complement and safeguard each other,” says Ben Lee, QEEQ's
In 2021, QEEQ launched a membership program that currently has more than 2.5
“This round of financing will help QEEQ deepen its global business. By
upholding the brand mission of making travel easier, QEEQ is able to reach
global users with its unique services and innovation, strengthening the
ecological chain of the global travel industry together with our partners,
continuing to provide users with new travel experience and striving to become a
world-class travel platform,” Lee says.
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