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Tuniu banks on transaction volume for “favourable pricing”

Tuniu is counting on their intrinsic strengths to not only sustain fruitful supplier relations, but also diversify to meet the demand for self-guided tours and target additional revenue streams.

06/01/2016|10:22:25 AM|ChinaTravelNews

Shiji to acquire 19.6% voting right in Huanxun E-commerce for RMB 152 million

Shiji Information, a major PMS service provider in China, plans to splash out RMB 152 million to buy 100% shares of Great Kylin Investment, which owns 19.6% voting right in Huanxun E-commerce. Shiji also owns 22.5% of iPS, Huanxun E-commerce’s fully-controlled subsidiary

05/31/2016|10:03:28 AM|ChinaTravelNews

Didi denies rumored plan to get US listing in 2018

Ride-hailing service Didi Chuxing, the main rival of Uber Technologies Inc in China, denied on May 30 a rumored plan to go public in the United States in 2018.

05/31/2016|10:33:53 AM|ChinaTravelNews

Online hostel booking platform QmanGo completes a new round of investment

Online hostel booking platform QmanGo has won investment from Million Tons Capital and KeyTone Ventures in its latest investment round.

05/31/2016|9:28:27 AM|ChinaTravelNews

Spring Airlines revenue jumps 10.45% YoY in 2015

Spring Airlines’ 2015 revenue grew 10.45% YoY to RMB 8.094 billion, of which passenger service revenue grew 9.1% to RMB 7.576 billion, accounting for 98.78% of the total revenue

05/28/2016|10:25:04 AM|ChinaTravelNews

Understanding intricacies associated with digital ad market in China

Be it for dealing with data “walled garden” within the so-called BAT (Baidu, Tencent and Alipay) ecosystem, having a single view of the customer or video viewability assessment, coming to grips with such issues is vital to optimize digital ad expenditure.

05/27/2016|9:08:23 PM|ChinaTravelNews

zuzuChe.com completes B-round financing and is to close series B+ round

Outbound car-rental platform zuzuChe.com has raised millions of US dollars in its recently completed B-round funding. The company offers one-stop service including international driving license verification, insurance claims, itinerary planning and GPS service in Chinese language

05/27/2016|12:19:26 PM|ChinaTravelNews

Villa rental specialist SenseLuxury completes B round

High-end and mid-range apartment rental platform SenseLuxury confirmed that the company had completed its B-round funding from GoHigh Fund

05/27/2016|12:20:14 PM|ChinaTravelNews
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