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China Eastern’s LCC ambition takes off on a strong note
08/26/2015|8:42:11 AM|
China Eastern Airlines has set up new subsidiaries in order to ensure its LCC venture, China United Airlines, takes off on a strong foundation.
Zhejiang-based Utour Travel gets US$4.67 million investment to upgrade online travel
08/25/2015|6:10:03 PM|
Leisure travel and mini-vacation service Utour Travel recently received a RMB30 million investment, boosting its estimated value to nearly RMB300 million.
Fully independent Uber China plans China IPO
08/13/2015|6:16:27 PM|
Uber China’s strategy director Zhen Liu confirmed that the company plans a public listing in China as an independent company.
China overtake Korea as largest visitor source for Japan
08/03/2015|8:53:22 PM|
Japan received over 10 million foreign visitors in the first seven months this year, with the number of Chinese visitors nearly doubling to 2.17 million.
Chinese carriers to spend over US$4 billion on planes to meet long-haul flight demand
07/21/2015|2:49:31 PM|
The Chinese aviation sector's turnaround is attributed to lower fuel costs and explosive growth in international air routes.
Didi-Kuadi plans to challenge Uber on its own turf with US market entry
06/29/2015|12:45:42 PM|
Chinese Uber rival Didi-Kuaidi is now recruiting in the USA to realize its plans to set up a US research center to pave the way for its entry into the US market.
B2B ticket seller Piao Guanjia raises US$4.8 million in Pre-A financing
06/23/2015|10:09:10 AM|
B2B ticket sales service Piao Guanjia announced it received RMB30 million of Pre-A round investment from three independent investors.
Lenovo leads US$24 million investment in overseas Wi-Fi provider Skyroam
07/14/2015|10:02:37 AM|
Skyroam will expand the global coverage of its mobile roaming service, introduce more discounted service packages and more VSIM smart terminals.
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