Shenzhen Marco Polo Technology Co., Ltd.

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Shenzhen Marco Polo Technology Co., Ltd. - overview

Established

2014

Location

Shenzhen, Guangdong, China

Primary Industry

Software

About

Based in Shenzhen, China and established in 2014, Shenzhen Marco Polo Technology Co. , Ltd. is an information technology company that focuses on developing tourism service B2B platform. In 2015, it launched PKFARE1.


0. In 2019, the company obtained NDC Level 4 certification. In April 2024, Derbysoft acquired Shenzhen Marco Polo Technology Co. , Ltd.


The company has branches in Beijing, Hong Kong and other cities. Jianchun Song, the company’s founder and president, served as general manager of ZTE Business Travel Products and business founder. As of 2024, Shenzhen Marco Polo Technology Co. , Ltd.


has cooperated with companies such as Skift, Hotelbeds and Amadeus. The company's main products include PKFARE API and PKFARE B2B platform. PKFARE B2B platform provides services such as global sourcing, integration and distribution needs of air tickets and hotel accommodation products. It adopts Big Data, Machine Learning and Artificial Intelligence, as well as Dynamic Hedging and Payment technologies.


The company’s revenue is generated by providing PKFARE API and PKFARE B2B platform.


Current Investors

HUA Capital, Caissa Tosun, Civil Aviation Investment Fund Management

Primary Industry

Software

Sub Industries

Hospitality Services, Travel & Tourism, Software

Website

www.pkfare.com

Verticals

Artificial Intelligence, Artificial Intelligence, Big Data

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Shenzhen Marco Polo Technology Co., Ltd. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Trade SaleCompletedShenzhen Marco Polo Technology Co., Ltd.-

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