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Local governments inject liquidity into China housing market by encouraging upgrades with limited success. Here's why

Under a new initiative called ‘old-for-new’, local authorities are helping prospective homebuyers sell their old homes, while offering them partial subsidies to buy new homes.

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Further digitization, a stronger embrace of AI, more mergers and acquisitions, and a rise in investment it’s all on the table next year.

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Kasa Living, Inc. closes $70 million Series C funding round led by Citi Ventures

Kasa Living, Inc. closes $70 million Series C funding round led by Citi Ventures
traveldailynews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from traveldailynews.com Daily Mail and Mail on Sunday newspapers.

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Kasa Living, Inc. Closes $70 Million Series C Funding Round Led by Citi Ventures

Kasa Living, Inc., the leading tech-powered hospitality brand, today announced the close of a $70 million Series C fundraise. Citi Ventures and FirstMark Capital led the all equity round with participation from new investors New York Life Ventures and Fireside Investments. All major existing investors including RET Ventures, Zigg Capital, and Ribbit Capital participated in the twice upsized and oversubscribed round.

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