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Huaxue Zhushou raises US$1.88 million in angel investment
10/16/2015|6:49:35 PM|
Vertical online platform for ski activities Huaxue Zhushou raised RMB12 million in an angel investment that has LETV Sports as lead investor.
Tnooz and TravelDaily China kick off THack China at Alibaba HQ
09/11/2015|9:54:11 AM|
Tnooz and TravelDaily China kicked off Tnooz's signature THack hackaton series in China, launching the THack China travel tech developer contest at the Alibaba HQ.
Adventure tour operator Youxiake raises A Series financing round
10/15/2015|4:19:08 PM|
Online domestic adventure tour operator Youxiake has raised an undisclosed amount in its A Series financing round led by Tiantu Capital.
Travel companies eye digital wallets to streamline mobile checkout
10/15/2015|3:24:16 PM|
More and more travel companies are looking at alternative form of payments (AFPs) such as Alipay, offering Chinese consumers a diverse set of payment options.
China Eastern gears up to sharpen its IT infrastructure
09/25/2015|10:48:36 AM|
The group believes e-commerce is the future of selling. And it has chosen to re-engineer its internal processes and is demanding a higher level of expertise from PSS to enhance its IT capabilities.
UCAR takes 5% of CAR Inc for US$210 million
10/13/2015|3:38:32 PM|
CAR Inc's main shareholder Grand Union will transfer 125.4 million of its CAR Inc shares to Youche Technology, at HK$13.5 per share for US$210 million.
Didi-Kuaidi seals partnership with Lyft in US$100 million deal
09/18/2015|8:58:17 AM|
Didi-Kuaidi has invested US$100 million in US ride-share company Lyft, and paves the way for a partnership enabling Lyft to access ride-share service to China.
Uber China to raise funding stake to US$2.5 billion in war with Didi Kuaidi
09/24/2015|10:49:24 AM|
Uber is seeking to raise its funding up to US$2.5 billion for its China operations. The funding scale is twice as much the total capital it has raised in China so far.
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