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Parent of Thailand’s Centara hotels eyes a $200 million stake in Grab

Parent of Thailand’s Centara hotels eyes a $200 million stake in Grab

Grab predicted that its sales will double to $2 billion in 2019.

01/31/2019|2:52:36 PM|Skift
Ride sharing provider Linghangyuan completes multi-million funding round

Ride sharing provider Linghangyuan completes multi-million funding round

Linghangyuan Technology rents out cars by the hour and provides customized technical services and operational solutions targeting business customers and leisure travelers.

01/21/2019|9:43:34 AM|ChinaTravelNews
Enterprise expands in corporate travel with Deem acquisition

Enterprise expands in corporate travel with Deem acquisition

The value of the deal, which is expected to close in the first quarter of 2019, was not disclosed.

01/18/2019|12:16:24 PM|Skift
Outdoorsy fuels up with $50 million in fresh funding

Outdoorsy fuels up with $50 million in fresh funding

Not that expanding geographically is all the company has in mind. Outdoorsy is evolving into a recreational marketplace, one with more premium services including insurance and roadside assistance.

01/16/2019|4:03:50 PM|TechCrunch
Nearly 5 million passengers’ data leaked from online train ticketing platforms

Nearly 5 million passengers’ data leaked from online train ticketing platforms

CR estimates more than 400 million passengers will travel on its trains over a 40-day peak period between January and March this year.

01/03/2019|10:52:52 AM|Technode
China Railway wants to add 6,800 kilometers of rail tracks in 2019

China Railway wants to add 6,800 kilometers of rail tracks in 2019

China had more than 131,000 kilometers of rail tracks in operation as of the end of 2018, with high-speed railroads making up around 22%.

01/03/2019|9:20:49 AM|YiCai Global
China to phase out paper train tickets

China to phase out paper train tickets

Paperless train travel currently being trialed in Hainan is going to be expanded across the country.

12/26/2018|2:33:46 PM|China.org.cn
Chinese car rental firm Ehi, Tencent's WeBank ally on travel-related fintech

Chinese car rental firm Ehi, Tencent's WeBank ally on travel-related fintech

Both parties will jointly innovate and cooperate on car travel, membership services, financial insurance, blockchain technologies and other fields.

12/13/2018|3:45:04 PM|YiCai Global
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