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Destination service LazyCat Travel gets millions of yuan in A+ round
03/08/2017|11:22:15 AM|
Destination travel supplier LazyCat Travel raised millions of yuan in its series A+ round. The company focuses on outbound sector and distributes around 90% of its tour products on Alibaba’s travel marketplace.
Travel-share platform TangGuo raises 100 million yuan in A round
03/08/2017|9:57:39 AM|
Travel and accommodation sharing platform TangGuo received RMB 100 million in its A round. The company has 130,000 listings encompassing villas, homestays and apartments in 218 cities worldwide.
Dear Chinese airlines: Digital marketing works in other ways
03/07/2017|3:21:02 PM|
Joseph Wang, Chief Commercial Officer of TravelDaily China & ChinaTravelNews, discusses digital marketing trends for China’s airline industry.
Ctrip invests in boutique hotel operator Lagom
03/07/2017|3:05:30 PM|
Ctrip has made a strategic investment in boutique hotel and alternative accommodation brand Lagom, according to Lagom’s announcement. The online travel giant also invested in boutique chain Jiuqi last September.
Key to being customer-centric: Count on cloud + data + API
03/07/2017|8:57:27 AM|
A guest or a consumer doesn’t differentiate between “experiences” coming from a retail brand or a hotel property. So hotel companies need to focus on customer-centricity in the complex world of accommodation shopping.
Bike-share startup ofo grabs $450 million in D round backed by DST, Didi
03/03/2017|6:25:32 PM|
Bike rental company ofo announced that it has raised USD 450 million in the recently closed series D round funding, backed by DST, Didi, CITIC and others.
Destination booking service Klook closes $30 million round led by Sequoia
03/03/2017|11:57:18 AM|
Travel experience reservation platform Klook announced on March 2 that it has raised USD 30 million in its B round funding, which had Sequoia Capital China as lead investor.
UCAR’s latest 4.6-billion-yuan placement falls short of target
03/03/2017|10:15:38 AM|
Chinese taxi App UCAR announced that it has raised RMB 4.6 billion in a private placement to four new investors. The proceeds was less than half of the company’s original fundraising target of 10 billion yuan.
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