While rivals struggle, RedDoorz sees 'exponential' growth with $11m new funding

In 2016, Nida Rooms experienced a cash crunch and reportedly couldn't pay employees and vendors. A US$5.6 million round led by investment firm Shanda Group in February 2017 allowed the startup to stay afloat. (Its website has also been renamed as Hotel Nida, but its app is still called Nida Rooms …
Read more: While rivals struggle, RedDoorz sees 'exponential' growth with m new funding

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