Chinese apartment rental firm Ziroom acquires local rival Bestbond

Chinese apartment rental firm Ziroom acquires local rival Bestbond

Ziroom, a Chinese short-term apartment rental business backed by SoftBank, has acquired its domestic counterpart Bestbond Youth Apartment in a deal that brings the number of its apartment buildings portfolio to 53 across seven Chinese cities, the firm announced on Monday.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter