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Chinese ride-sharing company UCAR reaps 260,000 bookings per day in Q1 2016
07/05/2016|10:15:02 AM|
Chinese ride-sharing company UCAR received more than 260,000 bookings per day on average in the first quarter of 2016, and cost per booking was declining.
Alitrip, Ctrip remove agents’ listings of international flights
07/01/2016|10:07:07 AM|
Air ticketing in China has turned over a new leaf when four major carriers started to prohibit air ticketing by agents on third-party booking platforms.
Chongqing bids for Disney Resort project in western China
06/29/2016|2:47:21 PM|
Chongqing is actively wooing the Walt Disney Company, which has been considering building parks in central or western China even before work on the Shanghai park began.
Major US carriers intensify route deployments in China
06/29/2016|9:59:16 AM|
Three American airline giants are stepping up route plans in China, making airports of the world’s second largest economy increasingly important as Asia‘s aviation hubs.
Tripvip raises millions of yuan in series A round
06/28/2016|10:15:16 AM|
Tripvip announced that it has received millions of yuan in its series A round. The outbound destination startup offers select and personalized itineraries.
Ctrip estimates Shanghai Disney will generate RMB 33 billion annual revenue
06/27/2016|6:56:14 PM|
Visitors spent an average of RMB 2,219 at Shanghai Disney Resort, and the Resort would generate RMB 33 billion annual revenue, if annual admission reaches 15 million.
eLong wins hotel booking portal of WeChat Wallet
06/24/2016|10:01:29 AM|
In the midst of its privatization for a domestic listing, eLong recently got its hotel reservation service listed on WeChat Wallet.
Poly Real Estate plans to invest RMB 2.5 billion in Didi
06/23/2016|10:50:36 AM|
Poly Real Estate will purchase 1.46% shares of Didi for less than RMB 2.5 billion. This puts the ride-share giant’s worth at about USD 26 billion. However, other data indicate that Didi may be worth at least USD 27.6 billion.
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