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FlightManager’s parent applies for New Third Board listing
12/01/2016|7:41:08 PM|
Shenzhen Huoli Tian Hui Technology, parent company of FlightManager, applied for a listing on the New Third Board.
Fosun spins off travel unit for IPO in 2020
12/01/2016|9:02:17 AM|
China’s private conglomerate Fosun International announced on November 29 that it will complete spin-off of its travel arm by the end of this year for a potential IPO in 2020.
HNA forms Shen Niao Airlines to tap southwestern market
11/29/2016|4:58:55 PM|
Hainan Airlines will form a new airline company called Shen Niao Airlines in a total investment of RMB 3 billion.
Sports event platform Online Bike closes Pre-A round
11/29/2016|10:10:13 AM|
Bicycle event company Online Bike received millions of yuan in its Pre-A round.
Ctrip funds consumer finance company ShangCheng
11/29/2016|9:32:52 AM|
Ctrip has joined a group of investors including Bank of Shanghai to set up ShangCheng Consumer Finance. The bank has finance expertise while the OTA can contribute online data.
Uber completes migration to Didi platform on Nov. 27
11/25/2016|7:44:56 PM|
From November 27, Uber’s driver app in China and all Uber drivers in the country will be migrated to Didi’s platform.
Ctrip merges with Qunar in vacation unit, denies Tuniu takeover
11/23/2016|10:41:01 AM|
Ctrip’s senior management announced in an internal letter that the company has merged with Qunar in their holiday units. Rumor of Ctrip buying Tuniu has been denied, meanwhile.
Ctrip invests in test-tube baby service provider IVF USA
11/23/2016|10:24:26 AM|
The strategic investment in test-tube baby technology provider enriches Ctrip’s medical travel contents and enables the OTA to get a stronger control on destination resources.
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