
Japan's Gree leads $4.5m round for HotelQuickly
Japanese tech giant Gree has led a $4.5 million Series A-1 round of funding for HotelQickly, a Hong Kong-headquartered last-minute hotel booking platform.
William Heinecke, CEO of Minor International, a Thai-based hotel and resort conglomerate, also participated in the round through his family office.
This follows a $1.15 million Series A round in August last year, bringing HotelQickly's total fund raised to date to more than $5.5 million.
With the additional capital, HotelQuickly aims to accelerate product development, marketing and hiring to drive sales across Asia, according to a statement.
Launched in March last year, HotelQickly is modeled after San Francisco's HotelTonight. It allows users to book last-minute hotel rooms at discounted prices in 12 markets, including Singapore, Hong Kong, Thailand, Indonesia, Malaysia, Australia and New Zealand. The company now has more than 150,000 registered users and the mobile app has been downloaded 300,000 times.
Gree - which operates businesses including social gaming, social media, advertising and venture capital - recently launched its last-minute booking service Tonight in Japan. The partnership with HotelQuickly will enhance each party's services through collaboration on technology and in other areas.
"We're seeing a clear shift from online to mobile and as traditional booking channels lose ground, there is tremendous opportunity for a service like HotelQuickly in the Asia Pacific region," said Minor International's Heinecke.
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