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China’s transport regulator to issue car-hailing regulations
09/30/2016|11:48:34 AM|
New rules on car-hailing will be released soon, the ministry will introduce supplementary regulations on the entire ride-sharing, vehicle registration and driver background.
XiaoMing Bike secures a millions-of-yuan angel round
09/29/2016|3:48:40 PM|
Following bike rental ofo’s millions-of-dollar round backed by Didi Chuxing and recent financing of Mobike and YouBai, peer XiaoMing Bike also raised millions of yuan in an angel round.
Caissa Touristic cuts private offerings by nearly RMB 800 million
09/29/2016|2:50:39 PM|
Caissa Touristic announced on September 26 that it has lowered its private placement target from the original RMB 8 billion to RMB 7.208 billion.
Five times more Chinese tourists will visit USA in next decade
09/29/2016|9:58:28 AM|
China-US Airport Opportunities Symposium estimated Chinese tourists to USA in next ten years will grow from 2.6 million in 2015 to 17 million in 2025, according to VOA.
Bike-sharing startup ofo secures B+ round backed by Didi Chuxing
09/28/2016|1:28:35 PM|
Bike rental platform ofo raised tens of millions of US dollars from Chinese car-hailing giant Didi Chuxing. The companies plan comprehensive cooperation.
Ctrip initiates lower cost airport parking service
09/28/2016|11:18:39 AM|
Ctrip has rolled out in-App booking of its airport parking service which costs only a fifth of airport charge. The company plans to launch railway parking later.
Meituan-Dianping acquires payment license holder QianDaiBao
09/28/2016|10:27:05 AM|
Meituan-Dianping announced that the company has acquired third-party payment company QianDaiBao.
Sino-Australia travel peak leads to more direct routes in lower-tier market
09/28/2016|9:16:29 AM|
Chinese carriers are seeking to launch more non-stop services between Australia and lower-tier Chinese cities, as demand is booming while air rights in top-tier cities are tight.
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