BEIJING -- A Chinese startup that helps hotel owners attract young people is expected to accelerate its growth now that it has raised a total of 50 million yuan ($7.08 million) in venture capital.
Founded in April 2017, SpaceBox renovates privately operated hotels, then markets rooms to young people who are looking for space they can rent on an hourly basis to study, play video games on a big-screen TV or chill out with friends.
