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UTour’s outbound wholesale revenue climb 59% in first half of 2016
08/22/2016|9:56:02 AM|
UTour’s operating revenue grew 41.99% to RMB 4.453 billion in first six months. Revenue from its outbound wholesale business was RMB 3.43 billion, up by 59.03% YoY.
Outbound car-rental platform Zuzuche.com closes its series B+ round
08/16/2016|2:20:15 PM|
Guangzhou-based outbound car-rental platform Zuzuche.com has closed its series B+ round with GF Securities-owned direct investment fund GF Xinde Investment Management as the lead investor.
Hi Guides raises RMB 120 million in B round, mulls B+ round
08/16/2016|10:22:21 AM|
Outbound chauffeured and tour guide service Hi Guides has received RMB 120 million in its series B round and is about to launch its B+ round.
China’s reform commission backs High-speed Railway Economy
08/08/2016|2:14:33 PM|
High-speed railway construction will drive economic growth and restructuring, fuel momentum for efficient investment and consumption expansion.
Cncn Travel is to close series B round
06/20/2016|9:42:47 AM|
Cncn Travel is close to completing its series B round. Whether the company will speed up its expansion after the capital injection remains to be seen.
CAR Inc. shows adeptness in multi-faceted auto mobility operations
05/20/2016|9:37:39 AM|
Maintaining that the group is more than just a car rental company, CAR Inc. is making strong moves to strengthen its position as a top-notch auto mobility provider in China.
Three tips for business travel agents
05/13/2016|8:14:54 PM|
Asia Pacific is currently the largest corporate travel spender with a 39% global market share which is projected to rise by another 3.5 points through to 2019, according to a GBTA report
Chinese buyers spend USD 2.6 billion on US hotel property acquisitions in 2015
04/12/2016|8:13:56 AM|
Chinese companies splashed out USD 2.6 billion on buying US hotel properties in 2015 and the buying spree is expected to keep on
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