"We are very pleased with this acquisition and the opportunity it represents," said Kevin King, Chief Operating Officer, Shiji. "As a result of this transaction, hetras can now look towards the future and prepare an ambitious plan for growth, supported by Shiji." According to Uli Pillau, hetras, "Shiji and hetras remain committed to delivering exceptional products and services to our customers and maintaining close working relationships with our partners. hetras operations will remain uninterrupted in Munich." Shiji creates and represents products, service and platforms facilitating cross industry consumer journeys, industry focused consulting and collaboration for hospitality, food service and retail industries, Shiji has over 90% market share in China's high end hotels and over 70% luxury and specialty retail. Related Link: hetras, Shiji