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Mafengwo raises $250m in D+ round funding led by Tencent
05/23/2019|6:11:14 PM|
Mafengwo will use the capital to build a new one-stop travel service platform driven by AI and data algorithms catering to young Chinese travelers.
Meituan reports 43.2% rise in in-store, hotel & travel businesses revenue in Q1
05/23/2019|5:22:19 PM|
GTV of the in-store, hotel & travel businesses grew by 15.1% to RMB46.4 billion in the three months ended March 31, 2019.
Huazhu net revenue rises 14.2% to $356 million in Q1
05/23/2019|7:31:53 AM|
Hotel turnover increased 17% to RMB7.2 billion. Net revenues from manachised and franchised hotel were RMB1.7 billion (US$257 million), representing a 15.2% year-over-year increase.
MakeMyTrip revenue and bookings up more than 25%, operating losses down more
05/22/2019|2:26:58 PM|
The execution of our strategies has allowed us to improve on our market share and drive strong growth rates across gross bookings, adjusted revenue and standalone hotels online room nights.
Chinese travel companies show penchant for embracing cloud services
05/21/2019|6:18:00 PM|
Cloud is a force to reckon with. Chinese travel companies in their endeavour to embrace agile transformation for the digital era are making progress on this count.
ITB China 2019 closed with 2,000 more attendees, strengthening market position
05/21/2019|5:16:57 PM|
Increase with 17,000 attendees in total – well attended ITB China Conference with 4,000 attendees – SeeVoov won ITB China Start-Up Award 2019.
Air Canada agrees to acquire Air Transat parent company
05/20/2019|3:39:34 PM|
The deal is subject to agreement on the final terms and to shareholder and regulatory approval.
Ctrip USA San Diego themed store opened in Shanghai
05/18/2019|9:54:39 PM|
Ctrip and GoUSA opened a theme store on May 18 in Dapuqiao, Shanghai.
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