Search results for “Investment”
Meituan Travel unveils air ticketing strategy a year after acquiring Flightroutes24
11/23/2017|8:49:10 AM|
Meituan has seen more than three-fold increase in air ticketing transactions so far this year, and the number of paid air tickets transacted on the site increased by more than 340% year on year.
Meituan-Dianping gets $4 billion funding, backed by Tencent, Priceline
10/19/2017|1:45:41 PM|
China’s local service platform Meituan-Dianping has received USD 4 billion investment, backed by Tencent and The Priceline Group. It is valued at USD 30 billion after the financing.
Ctrip ticketing revenue grows 41% to $515m aided by Skyscanner
11/02/2017|10:39:30 AM|
Ctrip's net revenue rose 42% to RMB 7.9 billion in the third quarter of 2017. Air tickets sold by the company's international unit continued to grow at a triple-digit percentage rate.
ITB Asia: Connecting global tourism brands and Chinese millennials
11/01/2017|2:44:01 PM|
About 150 executives from Ctrip, Meituan Travel, Shiji, Maritim Hotels, Hotelbeds, Saber, Yearth Group and other enterprises have shared insights into Chinese outbound tourism and marketing technologies.
HNA to pump ￥50 billion to promote digital transformation with HiApp
10/18/2017|5:40:17 PM|
HNA plans to pump ￥50 billion into tourism digital transformation by supplying public service products for innovators and services to innovative enterprises that offer unique services and technology.
Wedding travel specialist LoveJourney bags 8-digit funding
11/15/2017|1:37:45 PM|
LoveJourney, a Hangzhou-based online platform offering tailor-made wedding travels, has received tens of millions of yuan, which will be used on international content standardization and business development.
Homestay booking platform Muniao completes B+ round financing
11/08/2017|7:26:26 PM|
China’s short-term home-sharing startup Muniao has completed its B+ round financing. The new investors are Quan Funds, Oriental Fortune Capital, Innovation Angel Funds, Plum Ventures and Max Capital.
Chinese real estate company buys luxury travel firm A&K for $412 million
10/17/2017|10:50:07 AM|
Neo Dynasty, an overseas subsidiary of Chinese real estate and investment company Zhonghong Group, has closed the acquisition of 90.5% stake in luxury travel firm Abercrombie & Kent for $412 million.
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