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ChinaTravelNews Briefing: Booking’s reinvention, Mafengwo’s funding and more
12/25/2017|3:07:29 PM|
We join the dots of the events that took place in the past two weeks to offer insights into the Chinese tourists, travel startup funding rounds, major OTAs and internet giants’ technology solutions in China.
Ctrip adds uncertainty to the car-hailing market with car service debut
12/25/2017|12:51:24 PM|
Ctrip has added ride-hailing to its transportation offers with Didi, opening up another competition front in the car rental market as its rivalry against Meituan in hotel and catering services is heating up.
Chinese visitors contribute more than $1 billion to Canadian economy
12/19/2017|5:23:06 PM|
Estimation shows that 750,000 Chinese tourists will have visited Canada by the end of 2017, a 23% increase over the previous year.
Tuniu packaged-tour revenue rises 53% in Q3 2017
11/27/2017|6:45:29 PM|
Net revenues increased 53.5% to RMB 806.1 million (USD 121.2 million). Revenues from packaged tours climbed 53% to RMB 604 million (USD 90.8 million) in the third quarter.
Meituan works with Japan's dining guide to target Chinese tourists
12/13/2017|10:11:46 AM|
Chinese tourists’ spending on local food in Japan accounted for more than 55% of their overall expenditure excluding hotels and air tickets, according to Meituan Travel’s data collected overseas.
China’s carriers report buoyant Q1 results
05/04/2016|9:17:21 PM|
Major Chinese carriers posted decent gains in first quarter of the year due to ongoing low crude prices and increasing domestic demand
Travel platform Zuotoujing raises 8-digit funding to deepen Tibet-bound trips
12/12/2017|9:46:05 AM|
Travel platform Zuotoujing currently has more than 400 suppliers and over 40,000 users, generating operating revenues of more than RMB 40 million since its operation in 2015.
Tuniu-invested OTA Banma Trip receives another round of financing
12/12/2017|8:47:39 AM|
Online travel company Banma Trip has recently received an undisclosed amount in a new round of financing from Aurora Private Equity, following the May round of financing from Tuniu.com.
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