Qyer, Chinese travel information website which allows travelers to exchange information and experiences, launched a Q-Home guesthouse in Osaka, Japan's second-largest city, Chinese state-backed The Paper reported.
The Beijing-based company entered into a joint venture on the project with ZaiChuan, a boutique brand run by Duanzhu Network Technology. ZaiChuan owns more than 300 guesthouses in Kyoto, Osaka and other Japanese cities and districts.
Under the deal, Qyer will provide the investment, while ZaiChuan will be responsible for running Q-Home. The website will also promote the project and offer customers services online and through its mini-programs on WeChat.
Set up in 2004, Qyer plans to monetize its web traffic. It will form a complex eco-system where both online and offline businesses grow together, Xiao added, saying the company will probably extend its cooperation with ZaiChuan beyond the Japanese market.