Net income attributable to Ctrip's shareholders was RMB2.4 billion for Q3 of 2015, compared to RMB217 million in the same period in 2014.
“James Liang and CC Zhuang are both top dogs in the travel industry. With Mr. Liang joining Qunar’s board, it would be difficult for Mr. Zhuang to work under Mr Liang,”
Volunteering and travel platform Hive announced it received a US$6.5 million financing led by CDH Fund and Will Hunting Capital.
Bugentuan announced it has completed a multi-million RMB Pre-A Series financing that was led by Newsion Venture Capital.
Caissa Touristic could be the key listed platform for HNA Group to consolidate assets starting with Capital Airlines.
Guangzhou-based Tripeasy has received an A Series financing worth RMB30 million from Guangdong Culture Industry Investment and Tempus Global.
The merger of two leading Chinese tour operators, CITS and HKCTS, is greeted with cautious optimism by industry observers..
Chinese OTA LY.com has announced it will set up a joint venture with Japanese tour operator HIS to focus on consolidating and procuring local tourism resources in Japan.
