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Tempus Global to raise US$257 million in private offering to boost travel ecosystem
06/04/2015|9:50:49 AM|
Tempus Global will make a private offering of up to 70 million shares to raise up to RMB1.598 billion from five specified buyers.
MOC investigates accusations of monopoly, puts pressure on Ctrip- eLong “partnership”
06/04/2015|10:20:10 AM|
The MOC still must investigate whether or not the Ctrip and eLong link up amounts to a monopoly.
France to issue more five-year multiple-entry visas to Chinese nationals
07/02/2015|7:01:33 PM|
The French government has decided to issue five-year multiple-entry visa to more Chinese nationals, French Prime Minister Manuel Valls said.
Netease and HNA to make online travel company JV
05/20/2015|10:59:05 PM|
HNA has signed a partnership agreement with Netease’s subsidiary Lede Technology in Hangzhou to form a new online travel company.
China GDS TravelSky achieves steady growth in 2014
04/08/2015|9:42:40 AM|
China’s national GDS TravelSky reported stable growth in all operations, with gross revenue growing 18.3% to reach RMB5.34 billion.
Ctrip backs PMS JV Jointwisdom
03/26/2015|7:23:51 AM|
Jointwisdom formed by restructuring Ctrip subsidiary Brandwisdom and CSHIS, has been launched in Beijing.
Top Chinese hotel IT operator AMTT raises US$32 million
04/16/2015|3:19:41 PM|
This financing round will bring high growth for AMTT, its products and service applications are used in a million hotel rooms in China.
Customized travel startup Sinbad gets multi-million financing
03/30/2015|6:30:16 PM|
Sinbad has received a multi-million RMB Series A financing from Shenzhen Capital Group.
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