Uber is seeking to raise its funding up to US$2.5 billion for its China operations. The funding scale is twice as much the total capital it has raised in China so far.
China has sealed a partnership with Boeing, paving the way for setting up a Boeing assembly and large parts manufacturing plant in China as well as plane purchases.
HNA Group is making a strategic investment in the Series C financing round of Chinese overseas rental platform Zhubaijia.
CYTS Shanshui Hotel Investment & Management Company is speeding up preparations for a listing on the New Third Board.
ChinaTravelNews talks to Alan Chang, Airbnb’s managing director for Northeast Asia about the Chinese traveler and Airbnb’s goals in the country.
Luxury lifestyle online community YHouse has received funding of RMB120 million (approx: US$18.8 million) in its B Series financing round.
Youpu, a startup specializing in independent itinerary planning for outbound travel, announced it raised several million yuan in its A Series financing round.
Jin Jiang Hotels Group and Plateno Group officially sealed the strategic partnership deal in which Jin Jiang takes 81% stake in Plateno Group.
