User:WuYaDang/sandbox
| Company type | Private |
|---|---|
| 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 |
Number of employees | 100 - 150 |
| Website | www |
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] its mission is to “encourage and inspire people to enjoy the best experience during their journey.”[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’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.[4] AsiaYo's listings include over 60,000 rooms in Taiwan, Japan, Korea, Hong Kong, and Thailand[5] with plans for expansion to Malaysia and Singapore beginning in early 2019.[6] AsiaYo targets younger travelers with its “hyper-personalized” AI algorithm called AYSort.[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 local temple and an activity center to provide accommodations for participants of a marathon held by Chuanghua County.[8][9]
June 2016[edit]
- AsiaYo offers Japanese accommodations.
March 2017[edit]
- AsiaYo offers Thailand accommodations.
April 2017[edit]
- AsiaYo offers Korean accommodations.
July 2017[edit]
- AsiaYo begins cooperation with Rakuten LIFULL STAY to meet growing demand.[10]
August 2018[edit]
- AsiaYo offers Hong Kong accommodations.
- AsiaYo acquires official license to operate guesthouses in Japan, in response to the new Minpaku Law regulating private lodgings.[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]
References[edit]
- ^ Fulco, Matt (23 May 2018). "Taiwan's Rising Startups". Taiwan Business TOPICS. American Chamber of Commerce in Taipei.
- ^ "About Us". AsiaYo.
- ^ Fulco, Matt (12 May 2018). "Taiwanese Startups Target Global Expansion". 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.
- ^ "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.
- ^ 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.
- ^ "Rakuten LIFULL STAY and Taiwan's Largest Vacation Rental Reservation Site AsiaYo.com Form Collaboration in Vacation Rental Business". Rakuten. 20 July 2017.
- ^ Dowling, Savannah (5 December 2018). "Two Hospitality Startups Take On Deep-Pocketed Competitors". Crunchbase News. Crunchbase.
- ^ 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.
- ^ 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.
See Also[edit]
List of companies of Taiwan
Collaborative consumption
sharing economy
External Links[edit]
| Part of a series on |
| Homestays |
|---|
| Hospitality exchange services |
| Hospitality for work |
| Hospitality for money |
| Home exchange and others |