You are here

CDL to invest 100m yuan in China online apartment rental site mamahome

12_39748148.1 (39748273) - 05_09_2016 - lmxcdl6.jpg
HOTEL owners are buying stakes in the very disruptor of their own businesses. City Developments (CDL) on Monday said that its wholly owned subsidiary CDL China will invest 100 million yuan (S$20.4 million) for a 20 per cent stake in mamahome, a fast-growing Chinese online apartment rental platform.

Singapore

HOTEL owners are buying stakes in the very disruptor of their own businesses. City Developments (CDL) on Monday said that its wholly owned subsidiary CDL China will invest 100 million yuan (S$20.4 million) for a 20 per cent stake in mamahome, a fast-growing Chinese online

sentifi.com

Market voices on:

Powered by GET.comGetCom