AsiaYo<br>亞洲遊
| Private | |
| ISIN | 🆔 |
| Industry | Lodging / Ecommerce |
| Founded 📆 | June, 2013 |
| Founder 👔 | C.K. Cheng |
| Headquarters 🏙️ | Taipei, Taiwan |
Areas served 🗺️ | Taiwan, Japan, Korea, Hong Kong, Thailand |
| Services | Vacation rentals, Hospitality |
| Members | |
Number of employees | 100 - 150 |
| 🌐 Website | www |
| 📇 Address | |
| 📞 telephone | |
AsiaYo Co., Ltd. (Chinese: 亞洲遊; pinyin: Yàzhōuyóu) is a privately held online peer-to-peer property rental and hospitality service based in Taipei, Taiwan. Founded in June, 2013 by C.K. Cheng, a former investment banker.[1] AsiaYo’s business model is part of the sharing economy, and it is a member of the Sharing Economy Association of Taiwan (SEAT) which also includes Uber, UberEATS, WeMo and Zipcar.[2]
Similar to Airbnb (a San Francisco based company), AsiaYo acts as a broker, connecting travelers with rooms provided by private individuals, and receiving commission for each booking made.[3] AsiaYo offers accommodations in Taiwan, Japan, Korea, Hong Kong, and Thailand,[4] and plans to serve Malaysia and Singapore.[5] AsiaYo says their website uses “hyper-personalized” AI algorithms to target travelers.[6] [7]
History[edit]
After recognizing that local hotels were unable to meet the demand created by large-scale tourist events, C.K. Cheng worked with a local temple and an activity center to provide accommodations for participants of a marathon held by Chuanghua County.[8][9]
August 2018[edit]
- AsiaYo acquires official license to operate guesthouses in Japan, in response to the new Minpaku Law regulating private lodgings,[10] where it sees the majority of its revenue come from. [11]
Funding[edit]
Series A[edit]
In January, 2017, AsiaYo raise $3 million USD in Series A funding led by Darwin Venture Management and Accord Ventures.[12][13][14][15]
Series B[edit]
In December of 2018, AsiaYo raised $7 million USD in Series B funding led by Alibaba Taiwan Entrepreneurs Fund and China Development Financial, with participation from Darwin Ventures and Delta Ventures.[16][17] C.K. Cheng says the funding will be used to further expand in international markets. [18]
References[edit]
- ↑ Fulco, Matt (23 May 2018). "Taiwan's Rising Startups". Taiwan Business TOPICS. American Chamber of Commerce in Taipei.
- ↑ Su, Sonia (23 May 2018). "Sharing Economy Association Launches in Taiwan". Taiwan Business TOPICS. American Chamber of Commerce in Taipei.
- ↑ Fulco, Matt (12 May 2018). "Taiwanese Startups Target Global Expansion". Taiwan Business TOPICS. American Chamber of Commerce in Taipei.
- ↑ "Vacation rental platform AsiaYo raises $7 million from Alibaba fund and others". ChinaTravelNews. 6 December 2018.
- ↑ Tung, Yon Heong (6 December 2018). "Taiwan's AsiaYo raises US$7M to expand travel accommodation platform". e27. Yahoo!_News.
- ↑ Shu, Catherine (7 December 2018). "Taiwan-based travel startup AsiaYo raises $7M Series B led by Alibaba Taiwan Entrepreneurs Fund". TechCrunch.
- ↑ Chen, Junyi (30 January 2019). "導入機器學習技術，「台版Airbnb」AsiaYo助旅人在房海中找真愛". Meet.
- ↑ The News Lens (6 November 2017). "Featuring considerate services, AsiaYo challenges Airbnb's position in Asia". Meet.
- ↑ "外資分析師用 5 年搞民宿，AsiaYo 一躍台灣訂房龍頭". TechNews. 1 January 2018.
- ↑ Dowling, Savannah (5 December 2018). "Two Hospitality Startups Take On Deep-Pocketed Competitors". Crunchbase News. Crunchbase.
- ↑ Peng, MingHui (9 February 2019). "AsiaYo 民宿平台 攻略亞洲". 經濟日報.
- ↑ Wan, Carinne (14 November 2018). "UNCOVERING STORIES OF STARTUPS IN ASIA PART 1: OF CHALLENGES, FUNDING AND GOING GLOBAL". WIT.
- ↑ Scanlan, Sean (2 May 2018). "Customers first: Travel platform AsiaYo winning investors' trust". Meet.
- ↑ "Portfolio". Darwin Venture Management.
- ↑ "Accord Ventures". Accord Ventures. 2017-02-18.
- ↑ Dowling, Savannah (5 December 2018). "Two Hospitality Startups Take On Deep-Pocketed Competitors". Crunchbase News. Crunchbase.
- ↑ Leow, Annabeth (6 December 2018). "Taiwan vacation rental firm to expand to Singapore, Malaysia after US$7 million funding round". Business Times. SINGAPORE PRESS HOLDINGS.
- ↑ Dowling, Savannah (5 December 2018). "Two Hospitality Startups Take On Deep-Pocketed Competitors". Crunchbase News. Crunchbase.
See Also[edit]
List of companies of Taiwan
Collaborative consumption
Sharing economy
External Links[edit]
AsiaYo[edit]
This article "AsiaYo" is from Wikipedia. The list of its authors can be seen in its historical and/or the page Edithistory:AsiaYo. Articles copied from Draft Namespace on Wikipedia could be seen on the Draft Namespace of Wikipedia and not main one.
