Happy Mounsey closes RMB50m Series A exclusively invested by N5Capital

Internet travel company Happy Mounsey, which focuses on the markets of lower-tier cities and rural areas, officially announced the completion of a 50 million yuan Series A round of financing, which was exclusively invested by N5 Capital.

Internet travel company Happy Mounsey, which focuses on the markets of lower-tier cities and rural areas, officially announced the completion of a 50 million yuan Series A round of financing, which was exclusively invested by N5 Capital.

Proceeds from this round of financing will be used to update and improve the R2B2C digital system upgrade, expand the nationwide offline physical store market share, and recruit high-end talent.

Happy Mounsey tourism brand was launched in 2018. Its self-developed R2B2C tourism resource trading platform fully connects the upstream supply chain resources and downstream distribution channels of the tourism industry, digitizes the fragmented supply side, and can support more than 20,000 tourist product suppliers simultaneously and millions of tourist routes and related tourist products.

At present, Happy Mounsey’s platform has more than 100,000 SKU tour routes and more than 100,000 fragmented tourism products from 5,000 core supplier of quality tourism products.

One year after its establishment, the platform has developed 2,500 branded sales departments across China, and the number is expected to exceed 10,000 in the next three years.

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/06/17/happy-mounsey-closes-rmb50m-series-a-exclusively-invested-by-n5capital/.

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