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Getting ready for a deregulated travel market in China
08/19/2015|10:49:24 PM|
Travelport is preparing itself for full deregulation in the Chinese distribution market. The company believes it can play an integral role in shaping up the future of travel ecommerce in China.
China Eastern’s LCC ambition takes off on a strong note
08/26/2015|8:42:11 AM|
China Eastern Airlines has set up new subsidiaries in order to ensure its LCC venture, China United Airlines, takes off on a strong foundation.
Rental and car share platform Woo Kong raises US$3 million angel investment
09/01/2015|6:04:55 PM|
O2O car sharing and hire platform Woo Kong has received a total of RMB20 million in angel investments from Buttonwood Capital and Jinkejun Capital.
TravelSky processes 136 million tickets in first half of 2015
09/01/2015|6:04:24 PM|
TravelSky reported y-o-y growth of 3.6% in total revenue to RMB2.63 billion in the first half of 2015. Pre-tax profits increased 7.4% y-o-y to RMB1.396 billion.
Baidu gets more seats on Qunar's board to strengthen alliance
09/11/2015|3:29:41 PM|
Qunar announced it has expanded its Board of Directors from seven to nine seats, and has appointed Liang Zeng, Yuming He, and Fang Wei from Baidu as directors.
Huanbaoche raises US$7.5 million to expand global operations
09/09/2015|11:48:20 AM|
Overseas Chinese-language airport transfer and charter vehicle service Huanbaoche announced it raised RMB48 million in its Series A financing round.
Chinese visitors to Australia up 22% with AUD$19 million daily expenditure
09/06/2015|6:43:18 PM|
Australia’s recorded its highest annual tourism earnings this year since the 2000 Sydney Olympics and Chinese contributed AUD$19 million in daily tourism revenue.
Air China achieves steady direct sales growth in first half
09/02/2015|6:22:23 PM|
After rolling-out a series of initiatives to improve the operational performance of its e-commerce platform, Air China is witnessing positive results.
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