Chinese e-commerce giant Alibaba has paid $457 million for 15 per cent stake in Beijing Shiji Information Technology.

BSIT provides hotels with technology software and services, with clients including Marriott International and Sofitel Luxury Hotels.

The investment is the first deal Alibaba has announced after it went public in the US to raise $25 billion.

The partnership synergises with Alibaba’s travel booking business Taobao Travel.