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Travel site Lvmama’s parent Joyu Culture Media secures another $402 million
12/27/2017|12:39:55 PM|
Joyu Culture Media has raised $402 million in its latest financing after the September round. The latest round is completed through a third-party limited partnership acquired by Fullshare Holdings.
HNA execs buy stock in Avolon parent, with shares in Rezidor pledged
12/18/2017|11:29:12 AM|
HNA Tourism has entered into a loan agreement with a lender, under which 10,600,000 of HNA Tourism's shares in Rezidor have been pledged as security for the loan, and executives at HNA Group are planning to buy more shares in Avolon's immediate parent.
Mafengwo and Aiello emerge as winners at 2019 Digital Travel Awards
09/05/2019|6:29:38 PM|
In a gripping contest held in Shanghai, Mafengwo.com won the Innovative Marketing Award for its campaign for Singapore Tourism Board, whereas Aiello bagged the Product Innovation Award for its Aiello Spot, a voice assistant speaker for hotels and Aiello JustChat.
Fliggy thrives on might of Alibaba ecosystem
10/21/2019|8:48:47 AM|
Alibaba’s China retail marketplaces had 755 million MAUs in June 2019. This userbase is being constantly exposed to Fliggy as a part of cross-selling tactics.
"Chinese Airbnb" Sweetome's JV with Greece's Filia spearheads its EU expansion
10/15/2019|12:04:29 PM|
This project marks Sweetome's first foray into the European market.
More Chinese opt for travel during family reunion festival
09/16/2019|2:55:39 PM|
Chinese travelers have booked trips to tourist destinations in 88 countries and regions, with Japan, Thailand, Malaysia, Russia and Indonesia among the top outbound destinations.
Taking a leap into today's digital era as a traditional travel organization
08/27/2019|9:15:10 PM|
Traditional travel companies must throw away the tag of being a "laggard", and rather adopt an agile mindset by incubating start-ups.
OYO strengthens acquisition plans as it sets up joint ventures with SoftBank
09/27/2019|9:26:23 AM|
OYO Hotels and Homes has been increasingly investing heavily towards creating its own real estate business.
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