LUSHU TECHNOLOGY

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LUSHU TECHNOLOGY - overview

Established

2014

Location

Beijing, -, China

Primary Industry

Internet

About

LUSHU TECHNOLOGY specializes in delivering customized travel solutions that leverage advanced technology to enhance user experiences, focusing on tailored itineraries that meet individual travel preferences. LUSHU TECHNOLOGY, founded in 2014, operates from its headquarters in Beijing, China. The company provides innovative travel planning services, having pivoted its business model to focus on personalization since its inception. The founder, Christine 程小雨, has a background in tech and entrepreneurship, contributing to the firm’s unique offerings.


LUSHU TECHNOLOGY secured its most recent funding through a Series A round in December 2016, where it was the investment target, raising an unspecified amount from Keywise Capital Management. LUSHU TECHNOLOGY's core offerings revolve around customized travel solutions that leverage advanced technology to enhance the travel experience for users. The primary product features a sophisticated platform designed to facilitate tailored itineraries based on individual preferences, interests, and travel requirements. This platform integrates various functionalities such as real-time suggestions, personalized route planning, and comprehensive travel guides.


The company serves a wide range of customers, including individual travelers, travel agencies, and tour operators, primarily targeting markets in Asia and Europe, where the demand for personalized travel experiences is rapidly growing. The revenue model of LUSHU TECHNOLOGY is structured around a combination of subscription services and direct transactions with clients. Customers access various tiers of service that cater to different needs, potentially including premium features for enhanced customization and support. Business transactions occur primarily through direct-to-consumer sales, where clients subscribe for access to the platform's full range of features.


Additionally, partnerships with travel agencies and tour operators may further expand the revenue stream by providing these entities with tailored tools and resources for their clients. The company emphasizes scalability within its pricing structure, allowing for flexibility based on the level of service chosen by the user. LUSHU TECHNOLOGY is focusing on expanding its service offerings with new products designed to enhance user experience further, although specific product launch dates have yet to be announced. The company plans to expand into additional markets in Asia and Europe by 2024, capitalizing on the growing demand for personalized travel solutions.


The funding raised in December 2016 will be utilized to support these initiatives as well as enhance the platform's technological capabilities, ensuring it meets evolving customer needs.


Current Investors

Keywise Capital

Primary Industry

Internet

Sub Industries

Travel & Tourism, Internet, Software

Website

www.lushu.com

Verticals

Mobile Apps

Company Stage

Series A

Total Amount Raised

Subscriber access only

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