Fosun’s Venture Capital Arm Backs Israeli Booking Site in an Ongoing Travel Push

Source: Travel News

Fosun RZ Capital

Shown here is Wilson Jin, Chairman of Fosun RZ Capital, which has invested in Splitty, an online travel booking startup, and other companies. The parent Chinese conglomerate controls Club Med and has a broad travel company portfolio. Fosun RZ Capital

Skift Take: While Western media tends to focus on the funding moves of corporate venture capital arms of regional brands like JetBlue and EasyJet, it’s also important to see how key investment players in Asia, like Shanghai-based Fosun, are investing, such as in Splitty, a hotel booking startup.

— Sean O’Neill

Read the Complete Story On Skift

Fosun’s Venture Capital Arm Backs Israeli Booking Site in an Ongoing Travel Push