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China Car Experts raises US$120 million in Series A financing
10/12/2015|10:25:30 PM|
Car rental platform China Car Experts has announced it has received US$120 million from Harvest Investment in its A Series financing round.
China’s outbound tourism market grows 30% y-o-y during Golden Week
10/08/2015|10:29:46 PM|
China’s outbound travel market grew 36.6% y-o-y during the four-day National Day Holiday. Japan, Korea and Thailand the top three outbound destinations.
Chinese visitors to Australia up 22% with AUD$19 million daily expenditure
09/06/2015|6:43:18 PM|
Australia’s recorded its highest annual tourism earnings this year since the 2000 Sydney Olympics and Chinese contributed AUD$19 million in daily tourism revenue.
Small-scale PMS Golden Swan gets US$1.6 million Pre-A financing
07/10/2015|10:07:18 AM|
“Our goal is to become the leader in the market of medium- and small-sized hotels in third- to sixth-tier cities within the next three years,” said CEO Lihua Xiao.
Appliance retail giant Guomei adds hotel booking to its online services
06/04/2015|9:58:40 AM|
Major appliance retail chain Guomei has announced it will launch an online hotel booking service in the near future.
Chinese in their 30s a major force in outbound tourism spending
02/26/2015|10:21:46 AM|
Chinese travelers in their 30s are becoming the biggest spenders in outbound travel, powering China's global spending spree this Spring Festival.
MOT bans private cars from limo service
01/09/2015|4:03:10 PM|
The Ministry of Transport (MOT) has given the green light to chauffeur service offered by taxi apps but prohibits private cars from taking part in the service.
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