ApartX enters China's largest rental real estate market

On September 25, during the third Global Digital Trade Exhibition in Hangzhou, a strategic agreement signing ceremony took place between the startup ApartX and WELOCK as part of the airEkey Hotel Self Check-In project. This agreement marks a new stage in the development of digital trade between Kazakhstan and China and expands ApartX's presence in one of the largest global markets.

By entering the Chinese market, ApartX gains access to a vast customer base. China is considered the world's largest real estate rental market. According to the latest data, the country has a population of over 1.4 billion people, and the housing rental market is valued at hundreds of billions of dollars annually. There are approximately 500 million apartments in China, and the demand for digital solutions for rental and property management is rapidly growing.

As a result of this collaboration, ApartX gains the opportunity to expand internationally, gaining access to partner clients in 35 countries, including the United States, the United Kingdom, European Union countries, as well as Southeast Asian markets such as Thailand, Malaysia, and Indonesia. These countries also show high growth rates in the field of digital solutions for property rentals, opening up significant prospects for business scaling.

ApartX integrates with China's largest hotel management system. This allows ApartX to create its own mini-app on popular platforms such as WeChat, AliPay, TikTok, and Little Red Book. These platforms have a multi-million user base, and ApartX plans to actively attract tourists to the world's largest tourism market. This collaboration will not only streamline the rental and booking process but also enhance the user experience through the implementation of self-service technologies and automation.