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Chinese ride-sharing company UCAR gets New Third Board listing

Chinese ride-sharing company UCAR has been approved to list on the New Third Board, and it is worth RMB 36.9 billion after raising a total of RMB 5.809 billion in three funding rounds.

07/15/2016|10:34:36 AM|ChinaTravelNews

China Southern authorizes more than 2,000 ticketing agencies

China Southern has authorized more than 2,000 ticketing agencies including major platforms Ctrip and Alitrip, to sell the airline’s tickets and related products.

07/13/2016|11:42:41 AM|ChinaTravelNews

Tuniu to expand new services for air ticketing and hotel booking

Tuniu's air ticketing and hotel booking businesses both grew rapidly during first half of 2016 as travel customers are visiting the company's platform more frequently.

07/13/2016|11:18:32 AM|Tuniu

CITS becomes a HKCTS subsidiary

CITS has merged with HKCTS and come under the full control of the Hong Kong-based state-owned travel enterprise.

07/12/2016|3:08:07 PM|ChinaTravelNews

China Southern to “conditionally” restore third-party agent ticketing

China Southern Airlines will allow authorized agents to sell the carrier’s packaged offerings with hotel reservation or other travel contents on third-party platforms.

07/11/2016|10:05:18 AM|ChinaTravelNews

B2B online hotel direct sales platform Ziztour completes an eight-digit series B round

Ziztour, a B2B online hotel direct sales platform, has completed an eight-digit series B round led by LB Investment, a Korean private equity firm, and joined by Legend Capital (“君联资本”) and Cheng Lan Capital (“城蓝资本”).

07/08/2016|9:13:16 AM|ChinaTravelNews

Zhubaijia announces RMB 500 million private placement plan

China's home-rental Zhubaijia plans a private offering of less than 23,397,300 shares at around 21.37 yuan to 35.61 yuan per share, to raise RMB 500 million.

07/07/2016|10:54:06 AM|ChinaTravelNews

HNA to tap Asia’s short-haul travel, partnering French vacation operator

HNA PV Tourism plans to roll out five projects in three years to build holiday resorts near first-tier and second-tier Asian cities, to tap the booming short-haul market.

07/08/2016|9:41:06 AM|ChinaTravelNews
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