58.com Group Founder Yao Jinbo and Former JD.com Senior Vice President Li Daxue Join Other Internet Leaders in Investing in DirectBooking Technology (ZDAI) to Accelerate Development of Its Hotel AI Booking Platform
Rhea-AI Summary
DirectBooking Technology (Nasdaq: ZDAI) announced a strategic share purchase agreement on February 10, 2026, bringing investors Yao Jinbo, Wang Donghui and Li Daxue onto its cap table. The financing is described as a strategic alliance to accelerate rollout of the Company’s hotel AI booking platform and expand its “digital transformation” and premium customized baijiu ecosystem.
The company said the new partners contribute internet platform experience, investment and industrial digitalization expertise to support product roadmapping, capital planning and AI content/data analytics collaboration.
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News Market Reaction
On the day this news was published, ZDAI declined 10.28%, reflecting a significant negative market reaction. Argus tracked a peak move of +48.2% during that session. Argus tracked a trough of -43.1% from its starting point during tracking. Our momentum scanner triggered 45 alerts that day, indicating elevated trading interest and price volatility. This price movement removed approximately $11M from the company's valuation, bringing the market cap to $97M at that time. Trading volume was exceptionally heavy at 17.5x the daily average, suggesting significant selling pressure.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
ZDAI was down 6.92% while key peers like OFAL, FGL, FBGL and SKK showed gains between 5.32% and 23.04%, with only MSW sharply lower. This divergence suggests the move was more stock-specific than sector-driven.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Dec 16 | AGM approvals | Positive | +6.0% | Shareholder approval of capital increase, dual-class shares and share consolidation. |
| Sep 11 | Corporate rebranding | Positive | +39.0% | Name change to emphasize technological innovation in hospitality and retail. |
| Aug 18 | Strategic acquisition | Positive | -0.8% | Acquisition of China Wangmao to enter premium baijiu and diversify growth. |
Recent corporate and strategic announcements have often seen positive price alignment, with one notable divergence on an acquisition headline.
Over the past six months, ZDAI has undergone significant strategic and corporate changes. On Aug 18, 2025, the company announced a diversification move into premium baijiu via the China Wangmao acquisition, which saw a slight negative reaction. A rebranding to DirectBooking Technology Co., Ltd. on Sep 11, 2025 aligned with a strong positive move of 39.02%. On Dec 16, 2025, shareholders approved major capital structure changes and potential share consolidation, which coincided with a 6.05% gain. Today’s AI and strategic-investor-focused news follows this pattern of repositioning toward technology and hospitality.
Market Pulse Summary
The stock dropped -10.3% in the session following this news. A negative reaction despite the addition of prominent strategic investors fits a market focused on fundamentals and supply over story. ZDAI recently reported a 43.2% revenue decline, a 1.4% gross margin, and a $5.08M net loss, alongside a 60.82M-share resale registration and a $15M PIPE. Historical patterns show some positive alignment with corporate actions, but investors may be weighing ongoing dilution and weak profitability against the AI and baijiu ecosystem narrative.
Key Terms
artificial intelligence (AI) technical
AI-generated analysis. Not financial advice.
HONG KONG, Feb. 10, 2026 (GLOBE NEWSWIRE) -- DirectBooking Technology Co., Ltd. (“DirectBooking Technology” or the “Company”, Nasdaq: ZDAI) announced that it has entered into share purchase agreements with several heavyweight investors, bringing on board strong industrial and capital partners to support its long-term strategy of “digital transformation of traditional industries + a digital ecosystem for premium customized baijiu.” Participating investors include Yao Jinbo, Chairman and CEO of 58.com Group; Wang Donghui, Founding Managing Partner of Amiba Capital; and Li Daxue, founder of Magcloud Group and DeepYou, former Senior Vice President and Lifetime Honorary Advisor of JD.com.
The Company noted that this financing round is not merely a financial capital injection, but more importantly a deep strategic alliance in terms of resources. It will help accelerate the rollout and expansion of DirectBooking Technology’s hotel AI booking platform.
Yao Jinbo: Internet Platform Founder and Industrial-Focused Investor
As one of the most representative entrepreneurs in China’s internet industry, Yao Jinbo is the Chairman and CEO of 58.com Group. He has long been deeply involved in local lifestyle services and classified information platform ecosystems, and is widely recognized as an industry investor with strong foresight. His investment portfolio spans internet platforms, lifestyle services, technological innovation and emerging industries, with an emphasis on medium- to long-term positioning in structural growth sectors.
Wang Donghui: From Kingsoft CFO to Leading Industrial Venture Investor
Wang Donghui, Founding Managing Partner of Amiba Capital, previously served as Chief Financial Officer and Senior Vice President of Kingsoft, where he helped lead Kingsoft’s Hong Kong IPO and worked closely for many years with Xiaomi founder Lei Jun. He is regarded as one of the key figures in China’s technology and internet venture investment community.
Amiba Capital focuses on early- and growth-stage investments in technology and internet companies, placing strong emphasis on core R&D capabilities, the sustainability of business models and long-term value creation. It has invested in well-known companies including Meituan, Didi, Mogujie and Jushuitan. DirectBooking Technology believes that Wang Donghui’s participation will provide professional support in areas such as capital planning, corporate governance and digital product roadmapping, helping the Company build scalable and replicable business models across its “baijiu + culture and tourism + retail” digital scenarios.
Li Daxue: Expert in AI-Driven Intelligent Applications
Li Daxue is the founder and Chairman of Magcloud Group and has served as Vice President and Lifetime Honorary Advisor of JD.com. He has more than 20 years of hands-on experience in industrial internet and digital transformation for enterprises such as DeepYou, and has led multiple large-scale digitalization projects in cultural tourism, consumer and manufacturing sectors that have become representative cases in China’s industrial digitalization space. By joining this round as an investor, Li further strengthens the deep collaboration between the two sides in AI content, data analytics and cultural tourism scenario operations.
DirectBooking’s management commented that the three new investors bring decades of accumulated experience in internet platform operations, technology venture investment and industrial digitalization, which will complement the Company’s business in AI-powered hotel and retail scenarios. This will help DirectBooking Technology build a differentiated competitive advantage in the premium customization market that combines both cultural value and digital capabilities.
About DirectBooking Technology Co., Ltd.
The Company is a holding company incorporated in the Cayman Islands, and its operations are conducted through its Hong Kong operating subsidiary, Primega Construction Engineering Co. Limited. The Company provides transportation services in Hong Kong’s construction industry and employs environmentally friendly practices with the aim of facilitating the reuse of construction and demolition materials and reducing construction waste. The Company primarily handles the transportation of materials excavated from construction sites. The Company’s services principally consist of (i) soil and rock transportation services and (ii) construction works, which mainly include excavation and lateral support works and bored piling. The Company generally provides its services as a subcontractor to other construction contractors in Hong Kong.
Safe Harbor and Informational Statement
This announcement contains “forward-looking” statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, including, without limitation, those with respect to the objectives, plans and strategies of the Company set forth herein and those preceded by or that include the words “believe,” “expect,” “anticipate,” “future,” “will,” “intend,” “plan,” “estimate” or similar expressions, are “forward-looking statements.” Although the Company’s management believes that such forward-looking statements are reasonable, it cannot guarantee that such expectations are, or will be, correct. These forward-looking statements involve a number of risks and uncertainties, which could cause the Company’s future results to differ materially from those anticipated. These forward-looking statements can change as a result of many possible events or factors, not all of which are known to the Company, which may include, without limitation, our ability to timely and accurately respond to changes in fashion trends and consumer preferences; management of customer concentration risk; reliance on third parties for supplies of raw materials, manufacturing services and transport infrastructure; changes in government policies; overall economic conditions and local market economic conditions; our ability to expand through strategic acquisitions and the establishment of new locations; compliance with government regulations; legislation or regulatory environments; geopolitical events; and other events and/or risks outlined in the Company’s filings with the U.S. Securities and Exchange Commission. All information provided in this press release is as of the date hereof, and the Company does not undertake any obligation to update any forward-looking statement, except as required under applicable law.
For more information, please contact: DirectBooking Technology Co., Ltd. tanyu@primegaghl.com
FAQ
Who invested in DirectBooking Technology (ZDAI) on February 10, 2026?
What will the new investors mean for DirectBooking Technology’s hotel AI booking platform?
Does the announcement disclose the financing amount or valuation for ZDAI?
What expertise do Yao Jinbo, Wang Donghui and Li Daxue bring to ZDAI?
How might the strategic investment affect ZDAI shareholders and strategy?
