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Booking.com is promoting its home listings while expanding partnerships in China
12/02/2018|7:21:30 AM|
As one of the largest travel e-commerce companies in the world, Booking.com is playing catch up in homes category by showcasing more homes and apartments than traditional accommodations.
Tencent said to lead Mafengwo’s new funding round in the midst of scandal
10/25/2018|3:27:26 PM|
Mafengwo is reported to be closing its latest round of financing led by Tencent, and the company is to reach a post-money valuation of $2 billion, according to 36Kr.
Ctrip embarks on hotel operation, Xiaozhu gets $300 million funding, and more
10/18/2018|8:22:02 AM|
High-speed railway passenger volume increased by more than 50% year-on-year during China’s National Day holiday, Airbnb rival Xiaozhu has pocketed $300 million for beefing up security and services.
China Southern Airlines announces to exit SkyTeam
11/15/2018|5:33:53 PM|
Asia's largest airline by passengers number plans to strengthen cooperation with global leading airlines such as AA (American Airlines), a Oneworld alliance member.
Home-sharing platform 58fanshome snaps up $717,800 angel-round funding
11/12/2018|6:00:24 PM|
The company aims to follow up with an A-round of financing in early 2019 and take its market cap to 200 million yuan.
Ctrip unfazed by macro uncertainty, rather primed for further growth
11/12/2018|3:54:18 PM|
Asserting that Ctrip historically has outpaced China's GDP growth by a factor of four, the senior management believes the future remains bright, bolstered by robust position in the domestic market and ability to capitalize on opportunities presented by globalization.
Intelligent travel solution provider Kuaiying raises a million dollars in Pre-A round
11/06/2018|10:48:16 AM|
Kuaiying Technology provides mobile payment solutions for tourist attractions to enhance their management and operational efficiency.
Travel supplier Tempus Global to buy 60% stake in Chocolate Happy Land for $26 million
10/12/2018|12:57:39 PM|
The two companies will cooperate on an equity basis, as Tempus controls substantial traffic flow and Chocolate Happy Land excels at running theme parks.
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