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China Eastern partners with China Telecom to offer in-flight internet service
11/09/2015|5:51:43 PM|
China Eastern will become the first Chinese carrier to offer commercial inflight internet service on long-haul international flights as it partners with China Telecom.
Letv Auto acquires 70% stake in Yongche
10/21/2015|5:34:04 PM|
Letv Auto will acquire a 70% stake in Yongche to completed the service loop of its Smart Car project.
MICE platform Eventown makes full acquisition of EventDove for US$14 million
11/05/2015|4:49:46 PM|
Eventown Group has announced it is making a full acquisition of event management platform EventDove and its related brands in a RMB90 million cash and share deal.
L.A. Tourism trains sights on China market in run up to 2016 China-US tourism year
11/04/2015|9:31:18 AM|
Last year we had over 20% growth y-o-y in arrivals and we’re expecting that kind of compounded growth for the next three to five years.
Spring Airlines profit leaps 83% in Q1-Q3 of 2015
11/03/2015|10:17:20 PM|
Spring Airlines saw 13% increase in revenue in the first three quarters of this year, to RMB6.325 billion, and net profit attributable to shareholders skyrocketed 83% to RMB1.202 billion. Basic earnings per share were RMB3.09.
China becomes the fastest growing visitor market for Switzerland
11/02/2015|5:31:17 PM|
Switzerland Tourism said that Swiss hotels had clocked up a total of 1.060 million nights from Chinese tourists in the first eight months of this year, up 33.9% y-o-y.
Alibaba investor Softbank sets up OTA targeting Chinese visitors to Japan
10/29/2015|10:24:32 PM|
Softbank has set up an inbound tourism OTA that will be launched on Alitrip, Chinese ecommerce giant Alibaba’s travel platform, on November 11.
YLLY.com raises Series A financing to bring value up to US$100 milllion
10/26/2015|3:11:12 PM|
China’s first specialist vertical online platform for cruise services YLLY.com announced that it received an A Series financing from Sunflower Capital.
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