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Ascott leads consortium to invest in China's apartment platform

CapitaLand, which has set up a technology council, says tie-up with Tujia.com International will boost digital offerings

Singapore

THE Ascott Limited, the wholly owned serviced residence arm of CapitaLand, is leading a consortium to invest US$50 million in Tujia.com International, China's largest and fastest growing online apartment sharing platform.

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