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SoftBank-backed Klook raises $210 million in post-pandemic travel rebound

SoftBank-backed Klook raises $210 million in post-pandemic travel rebound

The travel and experience booking platform has reached overall profitability for the first time since its inauguration.

12/07/2023|12:10:38 PM|ChinaTravelNews
Facial recognition startup cornering 60% of airport market bags Shanghai Airport funding

Facial recognition startup cornering 60% of airport market bags Shanghai Airport funding

Its solutions have been adopted at over one-third of civil airports in China.

08/25/2022|3:15:13 PM|ChinaTravelNews
China’s hotel investment down by 43.8% in H1; KKday bumps its Series C to $95 million | Daily Brief

China’s hotel investment down by 43.8% in H1; KKday bumps its Series C to $95 million | Daily Brief

Over half of Hong Kong travelers feel leisure travel is still important; Xpeng unit raises over $100 million.

07/14/2022|11:39:01 PM|ChinaTravelNews
eVTOL startups secure new funding rounds as flying cars heat up

eVTOL startups secure new funding rounds as flying cars heat up

XPENG AEROHT plans to deliver its sixth-generation flying vehicles by the end of 2024.

07/13/2022|9:41:55 PM|ChinaTravelNews
Short-term rental PMS provider Smart Order secures $7.4 million in Trip.com-backed funding round

Short-term rental PMS provider Smart Order secures $7.4 million in Trip.com-backed funding round

Trip.com acquires a single-digit percentage of Smart Order’s shares as part of the deal.

06/25/2022|10:31:12 AM|ChinaTravelNews
GreenTree announces potential acquisition of restaurant business

GreenTree announces potential acquisition of restaurant business

GTI wants to sell its existing restaurant business to GreenTree Hospitality.

05/03/2022|2:53:40 AM|ChinaTravelNews
Hotel group Sunmei invests in Neo Hotels to expand in China’s southern markets

Hotel group Sunmei invests in Neo Hotels to expand in China’s southern markets

Sumei has over 5,800 hotels in 324 cities.

03/14/2022|7:06:53 PM|ChinaTravelNews
Some $535 million invested in China’s ice-and-snow activity sector in seven years

Some $535 million invested in China’s ice-and-snow activity sector in seven years

The number of newly registered companies in the sector grew from 647 in 2011 to 3,933 in 2021.

02/17/2022|5:30:24 PM|ChinaTravelNews
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