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China's Didi seeks to raise up to $2 billion amid Uber revival

China's Didi seeks to raise up to $2 billion amid Uber revival

After the cash is injected from this round, the company is likely to have a paper valuation of around $62 billion.

07/18/2019|11:54:43 AM|Market Screener
Ctrip teams up with 10 ride-hailers worldwide to offer mobility in 785 cities

Ctrip teams up with 10 ride-hailers worldwide to offer mobility in 785 cities

Ctrip’s alliance with global ride-hailing firms could pose a threat to China’s largest ride-hailing platform Didi, which is expanding globally, and some other startups that also target Chinese overseas tourists.

07/15/2019|11:47:09 AM|KrAsia
Destination activities unicorn Klook to take on GetYourGuide in Europe

Destination activities unicorn Klook to take on GetYourGuide in Europe

Both Klook and GetYourGuide are backed by SoftBank Group's Vision Fund, and each of the two companies is valued at more than USD 1 billion.

07/15/2019|11:30:37 AM|Nikkei Asian Review
Go-Jek snags undisclosed funding from Thailand’s largest bank

Go-Jek snags undisclosed funding from Thailand’s largest bank

Southeast Asian banks are investing in the region’s biggest ridehailing rivals, Go-Jek and Grab, to hitch a ride on their expansion into financial services.

07/11/2019|10:59:49 AM|Skift
Taxi2Airport hails €2.2M in funding, plots B2B partnership growth

Taxi2Airport hails €2.2M in funding, plots B2B partnership growth

Taxi2Airport plans to use the funding to accelerate its growth by boosting b2b partnerships with travel platforms and looking for opportunities in Asia.

07/01/2019|11:50:49 AM|PhocusWire
Amadeus helps China Railway on distribution amid evolution of global rail industry

Amadeus helps China Railway on distribution amid evolution of global rail industry

The company plays a role in connecting rail operators to travel agencies for now. Rail is a strategically important part to build a full-service travel platform.

07/02/2019|8:20:20 AM|ChinaTravelNews
Grab helps with $8M investment in Splyt to expand partnership globally

Grab helps with $8M investment in Splyt to expand partnership globally

Splyt says it has now raised more than $14 million.

06/27/2019|2:29:29 PM|PhocusWire
Outbound driver-guide platform HuangBaoChe secures $50 million

Outbound driver-guide platform HuangBaoChe secures $50 million

HuangBaoChe has served more than 10 million outbound tourists since establishment.

06/25/2019|4:29:27 PM|ChinaTravelNews
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