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Taiwan OTA KKday raises $7m in A+ round
12/05/2016|9:30:03 AM|
Taiwan-based online travel company KKday received USD 7 million in series A+ round funding for further expansion in Asia.
House-sharing brand QianSu raises RMB 50 million
12/01/2016|10:52:02 PM|
Homestay startup QianSu announced that it has received RMB 50 million in its latest funding round. ChinaTravelNews learnt that the round had Qunar as one of the investors.
FlightManager’s parent applies for New Third Board listing
12/01/2016|7:41:08 PM|
Shenzhen Huoli Tian Hui Technology, parent company of FlightManager, applied for a listing on the New Third Board.
Fosun spins off travel unit for IPO in 2020
12/01/2016|9:02:17 AM|
China’s private conglomerate Fosun International announced on November 29 that it will complete spin-off of its travel arm by the end of this year for a potential IPO in 2020.
Tuniu sells 46.5% more trips in Q3 2016
11/30/2016|7:31:56 PM|
Tuniu sold 46.5% more trips in third quarter of 2016 and narrowed down net loss from RMB 766.9 million in previous quarter to RMB 571.7 million this quarter.
HNA forms Shen Niao Airlines to tap southwestern market
11/29/2016|4:58:55 PM|
Hainan Airlines will form a new airline company called Shen Niao Airlines in a total investment of RMB 3 billion.
Sports event platform Online Bike closes Pre-A round
11/29/2016|10:10:13 AM|
Bicycle event company Online Bike received millions of yuan in its Pre-A round.
Ctrip funds consumer finance company ShangCheng
11/29/2016|9:32:52 AM|
Ctrip has joined a group of investors including Bank of Shanghai to set up ShangCheng Consumer Finance. The bank has finance expertise while the OTA can contribute online data.
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