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FIT Ruums ramps up operations in India
06/23/2017|10:31:36 AM|
FIT Ruums, Webjet Limited’s Asian B2B travel brand, has arrived in India and is rapidly ramping up its business in this dynamic market.
Vanke acquires 36% of a giant tourism project in Yunnan
06/22/2017|11:01:31 AM|
Vanke, a developer known more for its ski resorts than tourism real estates, recently acquired a 36% stake in a large tourism development program in Yunnan.
OCT Group to splurge 238 billion yuan in “cultural tourism and urbanization” of Xi’an
06/22/2017|10:19:44 AM|
OCT Group has signed a 238 billion yuan strategic tie-up with Xi’an Municipal Government to bring its “cultural tourism and urbanization” model to the ancient city.
AR tour navigation startup Qiantech closes Pre-A round
06/20/2017|2:30:17 PM|
AR navigation startup Qiantech announced on June 19 that the company has raised millions of yuan in its series Pre-A round funding.
China Eastern gives core staff 10% holding in ownership revamp of logistics arm
06/20/2017|2:14:20 PM|
The ownership structure of China Eastern’s logistics unit will be diversified and core employees will share 10% holdings of the company.
Ctrip Chairman: globalization is about supply chain, brand and innovative R&D
06/20/2017|1:25:19 PM|
Ctrip’s globalization should focus on its supply chain, brand and innovative research and development, chairman James Jianzhang Liang said.
Mobike closes $600 million E round backed by Tencent
06/20/2017|8:35:38 AM|
Bicycle rental platform Mobike has just raised over USD 600 million in its series E round funding backed by Tencent. The company plans to enhance its globalization, the Internet of Things, and AI.
Priceline Group CEO: online travel in China may still witness “significant volatility”
06/19/2017|1:58:57 PM|
Priceline CEO Glenn D. Fogel believes that price is still incredibly important in China's OTA market. The key of setting up a brand in China is to understand ecosystems – Baidu, Alibaba and Tencent.
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