Search results for “China’s Travel Market”
Boutique travel platform Zanadu raises US$12 million in Tencent-led financing
12/23/2015|7:45:50 PM|
Boutique travel website Zanadu announced it received over RMB80 million in its A+ financing round, in which IT giant Tencent is the lead investor.
Hotel consolidator Dida Travel lists on the New Third Board
12/18/2015|10:27:15 AM|
Shenzhen-based Dida Travel has made a high-profile listing on the New Third Board and become the first international hotel resource consolidator to go public in China.
UTour might acquire Huayuan for in-depth cooperation with Ctrip
01/27/2016|5:58:51 PM|
UTour might take full control of Huayuan and carry out in-depth cooperation with Ctrip on vacation tours. This might be the largest merger ever in the vacation tourism sector of China.
Chinese government to permit more duty-free stores openings
12/07/2015|5:56:34 PM|
More duty free stores will be opened in China to offer Chinese shoppers’ greater access to imported goods and open up import channels to satisfy demand.
Hilton aims for China’s untapped mid-range hotel market with 400 planned openings
11/30/2015|12:31:03 AM|
Hilton plans to open 400 over the next 10 years and increase the number of its Hilton Garden Inns in the China.
Uber China matures as stronger more localized service
11/30/2015|12:31:46 AM|
Uber China’s strategy director Zhen Liu said Uber’s market share in China has grown from 2% in the beginning of the year to 35% now.
Juneyao Air to raise US$540 million in private offering for fleet and online platform expansion
01/15/2016|4:30:11 PM|
Juneyao Air will make a private offering to raise RMB3.565 billion and use RMB2.7 billion to purchase four Airbus A320 and RMB165 million forTaotrip platform.
LY.com and Lotte Tour in JV to develop travel to Korea
12/12/2015|11:19:43 PM|
LY.com is setting up a joint venture company with Korea’s Lotte Tour in a strategic partnership to consolidate local Korean tourism resources and procurement.
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