ChineSpain

ChineSpain is an E-Commerce and Information Technology startup, founded in 2015 by Lorenzo Palomares, Antonella Rodogno, and Jesús Iniesta. The company's slogan, "Discover the ultimate curated travel experiences tailored for Chinese tourists," encapsulates its core offering. ChineSpain operates as a marketplace offering exclusive tourist experiences tailored specifically for Chinese tourists. Their innovative business model is centered around a specialized recommendation system that generates custom itineraries based on client-selected parameters like duration, budget, and interests. This enables seamless interaction with hotels, restaurants, and museums, overcoming language barriers and integrating with Chinese platforms such as Baidu or WeChat, along with local payment systems like Alipay, Union Pay, or WeChat Wallet. ChineSpain also offers an app for self-guided tours and personalized recommendations. They are on the verge of releasing a new product called Catalog, designed to enable stores to sell goods and services via WeChat. Initially targeting the Chinese market, the company has expanded its focus to promote products and services from Spain, with further expansions into Portugal, Italy, and France. In 2017, ChineSpain served over half a million customers and aims to surpass one million in 2018. The average customer spend is about 1500 euros, with a projected customer base of 1000 for the current year. Their recent Equity Crowdfunding investment of €300.00K on 29 August 2018 came from Fellow Funders and Torret Road Capital, signifying investor confidence in the company's potential for growth and innovation.