Consolidation in Hospitality Market as Shiji Buys ReviewPro

Shiji announced the acquisition of a majority stake in ReviewPro  to bolster its position as a service management platform provider for the hospitality industry. ReviewPro's founders and management will continue in their roles as the company pursues international growth and expands its product and service portfolio.

According to a report in Tnooz, Shiji paid $28 million for an 80% stake in ReviewPro, and Shiji is part-owned by Alibaba.

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