Trip.com invests in business lounge operator DragonPass

DragonPass, a Chinese company operating high-end business lounges at airports and high-speed railway stations, announced it has obtained an undisclosed sum of funding from Ocean Link as the lead investor and Trip.com Group as a co-investor. The proceeds will be used to build a technology platform, deepen cooperation within the industry chains of airports and high-speed rail service and expand its global business. International business is a priority area for future cooperation between both the groups. Alex Zheng, co-founder of Ocean Link will join DragonPass as deputy chairman.

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