# Shanghai Atour Business Management (Group) Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/shanghai-atour-business-management-group-co

- Industry: Travel & Leisure
- Headquarters: Shanghai, China
- Website: www.yaduo.com
- Total disclosed funding: $100M
- Latest round: Series D (Feb 3, 2017)
- Investors on record: 3

## About

Based in Shanghai, China, Shanghai Atour Business Management (Group) Co., Ltd., formerly known as YaDuo Resort was founded in 2012 by its Chairman of Board of Directors and Chief Executive Officer Haijun Wang. The company operates as a provider of hotels and accommodation services and has a total of 4 funding rounds, as of February 2017. In June 2021, the company filed with SEC for an initial public offering and expects to raise up to USD 100 million.

As of March 2021, the company's platform manages a network of around 608 hotels and some service apartments across 131 cities in China, allowing consumers to experience traditional Chinese service routines while also providing individualized services. Through its offline and online channels, including its mobile app and WeChat microprogram, the company offers a variety of products and services including hospitality services to guests.

The company plans to be listed on the Nasdaq under the symbol ATAT.

## Funding rounds

- Series D, Feb 3, 2017 — Qunar.com, Divine Capital
- Series C, Dec 23, 2016, $100M — Legend Capital

## Investors

- Legend Capital — Series C
- Qunar.com — Series D
- Divine Capital (https://capitalatlas.ai/funds/divine-capital) — Series D