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ITB China 2019 off to a fabulous start
05/15/2019|5:06:05 PM|
An impressive list of dignitaries including senior executives from Ctrip, Wyndham Hotel Group and Air China graced the ribbon-cutting ceremony of the three-day event in Shanghai on Wednesday.
XiaoMing Bike closes B round financing
07/17/2017|5:38:35 PM|
China’s bike-sharing startup XiaoMing Bike announced that it has received hundreds of millions of yuan in its series B round funding. The company plans to accelerate its strategy of electronic parking lane nationwide to improve user experience.
Ctrip and Didi may invest in Indian firms, five OTAs corner 96.4% of Q2 hotel bookings, and more
09/13/2018|10:15:56 AM|
Ctrip is likely to invest $100 million in food-delivery platform Zomato and Didi is reported to back the Chinese business of OYO. Ctrip, Meituan, Qunar, Tongcheng-eLong and Fliggy accounted for 96.4% of Q2 hotel bookings.
Visa application service 11visa.com raises RMB 60 million in Series B round
09/05/2018|5:23:47 PM|
The company aims to grow its revenues to over RMB 100 million (USD 14.6 million) this year.
Smart hotels operator InnJoy closes a $1.5 million angel funding round
07/02/2018|5:32:49 PM|
In 2017, InnJoy netted approximately RMB 5 million in total revenue, RMB 3 million of which was from the hotel business, and RMB 2 million from the smart home appliance business.
Homestay chain brand Youjia closes funding round backed by Ctrip
06/28/2018|10:20:49 AM|
By investing in homestay brand Youjia, Ctrip aims to build quality home-share inventory and move up the supply chain.
Homestay brand Locals brings in 100m yuan, eyeing new retail & urban travel
03/12/2018|1:54:45 PM|
Locals currently has more than 10,000 boutique listings in 55 cities, and plans to enlarge the pool to 50,000 properties to receive 20 million guests, and achieve 2 billion yuan in GMV in 2018.
Mobile device IDs – laying a strong foundation for precision advertising
02/05/2018|8:14:24 AM|
Cookies-based approach to tracking behavior of travelers isn’t enough as one might not be offering accurate message/ ads. On the other hand, mobile device IDs offer more dependable data.
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