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Jin Jiang Hotels increases its stake in Plateno Group to 93%

To further integrate resources and reduce costs, Jin Jiang International Holdings will acquire 12.0001% stake held by Prototal Enterprises Limited in Keystone, a Jin Jiang subsidiary that controls Plateno.

10/24/2017|12:44:15 PM|ChinaTravelNews

Meituan-Dianping gets $4 billion funding, backed by Tencent, Priceline

China’s local service platform Meituan-Dianping has received USD 4 billion investment, backed by Tencent and The Priceline Group. It is valued at USD 30 billion after the financing.

10/19/2017|1:45:41 PM|ChinaTravelNews

Chinese real estate company buys luxury travel firm A&K for $412 million

Neo Dynasty, an overseas subsidiary of Chinese real estate and investment company Zhonghong Group, has closed the acquisition of 90.5% stake in luxury travel firm Abercrombie & Kent for $412 million.

10/17/2017|10:50:07 AM|ChinaTravelNews

Blacklane acquires Solve to add airport concierge services worldwide

Blacklane acquires Solve to extend to airport concierge services from professional driver sevices, helping travelers make full use of the time spent in airports.

10/13/2017|11:46:17 AM|ChinaTravelNews

AI travel solution provider 52CX receives 50 million yuan in angel round

AI travel solution provider 52CX has acquired RMB 50 million in its angel round of financing, which was led by Hede Wanjia Fund and backed by Long Lv 365.com.

09/30/2017|5:09:56 PM|ChinaTravelNews

Outward bound and travel platform Hiyo completes a ¥14 million angel round

Targeting young travelers, Hiyo develops its products around the concept of “minimal transportation, short distance”, and plans its content around socializing, relaxation and entertainment.

09/29/2017|1:43:13 PM|ChinaTravelNews

Destination activities provider UBTour closes A-round financing

UBTour connects tourism suppliers in Southeast Asia and enterprises in China with technology and services, with the goal of controling the supply chain through catering to the needs of suppliers.

09/27/2017|8:42:45 AM|ChinaTravelNews

Joyu-Lvmama receives RMB 1 billion funding from Res Publica Holdings

Chinese tourism platform Joyu Group announced that it has received RMB 1 billion for its online platform Lvmama, and that Res Publica Industry & Finance Holdings has become its new partner.

09/27/2017|7:04:07 PM|ChinaTravelNews
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