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SoftBank-backed Getaround looks for a buyer as demand evaporates

SoftBank-backed Getaround looks for a buyer as demand evaporates

Getaround and the broader car-sharing industry had been facing challenges even before the pandemic.

04/07/2020|4:57:55 PM|Bloomberg
Activities booking unicorn Klook acquires car rental firm Huizhuche

Activities booking unicorn Klook acquires car rental firm Huizhuche

A source told ChinaTravelNews that Klook spent less than USD 10 million in its acquisition of Huizhuche, a price tag much lower than the car rental firm's claimed value after its series B round.

04/02/2020|3:26:04 PM|ChinaTravelNews
Travel platform ixigo bets on intercity bus business with investment in gogoBus

Travel platform ixigo bets on intercity bus business with investment in gogoBus

India has over 20 million people traveling between cities on a daily basis with a majority of 55% using intercity buses.

03/05/2020|2:58:53 PM|PhocusWire
Turo rides off with an extra $30M in Series E funding, new celebrity investors

Turo rides off with an extra $30M in Series E funding, new celebrity investors

Turo lists 450,000 vehicles available for its user base of more than 14 million.

02/07/2020|2:34:11 PM|PhocusWire
Toyota launches car rental business in China

Toyota launches car rental business in China

The car rental service will start out in Hainan and may be expanded later to other tourist destinations and large cities.

02/01/2020|10:57:00 PM|Nikkei Asia Review
China's high-speed rail links Winter Olympics cities

China's high-speed rail links Winter Olympics cities

Travel time between the two 2022 Winter Olympics hosts will reduce from current three hours of road journey to 47 minutes of rail time.

12/31/2019|10:45:30 AM|The Star Online
Operator of world’s largest high-speed rail network plans IPO

Operator of world’s largest high-speed rail network plans IPO

Beijing-Shanghai High-Speed Railway plans to sell 6.3 billion new shares, or 12.8% of enlarged capital, through the listing in Shanghai.

12/26/2019|10:56:30 AM|Skift
Overseas car rentals experience boom on Trip.com over winter holiday

Overseas car rentals experience boom on Trip.com over winter holiday

Most users of overseas car rentals were from the US, Australia, the UK and across Asia.

12/25/2019|11:14:01 AM|GlobeNewsWire
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