ApartX Enters the Chinese Market

We are pleased to announce that our portfolio startup ApartX has signed an agreement with Chinese company WELOCK at the 3rd Global Digital Trade Expo in Hangzhou. Integrating WELOCK’s smart lock technology with ApartX software will create an innovative solution for automated hotel guest check-in and check-out.

As ApartX founder Kanat Keldibekov noted:

“We are excited about our launch in China and the opportunity to partner with WELOCK. This opens up huge prospects for us in one of the world’s largest property rental markets and helps us go international.”

China is the largest rental market, with 500 million apartments. Through this partnership, ApartX also gains access to WELOCK’s clients in 35 countries, including the US, the UK, the EU, Thailand, Malaysia and Indonesia.

Source: Digital Business