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MakeMyTrip's gross bookings rose 21.3%

The Indian OTA generated revenue of USD 123.2 million in the quarter ended December 31, 2016, an increase of 38.6% YoY.

02/06/2017|8:47:13 PM|ChinaTravelNews

UTour drops planned 2.6-billion-yuan takeover of HuaYuan

Outbound tour operator UTour announced on February 2 that it has decided to pull the plug on the plan of fully acquiring HuaYuan travel agency for RMB 2.6 billion, “due to policy changes.”

02/06/2017|9:47:42 AM|ChinaTravelNews

Overseas driver-guide service Hi Guides collects RMB 210 million in B+ round

Overseas ground transport provider Hi Guides (HuangBaoChe) announced that it has raised RMB 210 million in its B+ round in less than half a year after its B round financing last August.

01/20/2017|4:11:42 PM|ChinaTravelNews

Corporate travel company Meiya raises RMB 120 million

Air distribution and business travel company Meiya received RMB 120 million in its series A round. The funding was supported by Fortune Capital and a fund inaugurated by China’ Ministry of Finance.

01/17/2017|7:02:47 PM|ChinaTravelNews

Shiji acquires majority stake in guest intelligence ReviewPro for EUR 26.36 million

Shiji, a Chinese hotel information company partially owned by Alibaba, acquired a 79.47% stake in Spain-based hotel review company ReviewPro for EUR 26.36 million.

01/16/2017|6:23:22 PM|ChinaTravelNews

Tempus Global to buy 52% holding of Jettour for RMB 52 million

Tempus Global will acquire 52% holdings of outbound tour operator Jettour for RMB 32 million in cash and RMB 20 million in capital injection.

01/06/2017|11:41:59 PM|ChinaTravelNews

Island tour specialist Qulv raises USD 40 million in B round

Island vacation platform Qulv announced on January 5 that it has received USD 40 million in its series B round funding.

01/06/2017|9:26:21 AM|ChinaTravelNews

Joyu Group applies for a New Third Board delisting

Lvmama parent company Joyu Group announced on January 3 that it has applied to be delisted from the New Third Board after one year of listing.

01/05/2017|10:15:41 AM|ChinaTravelNews
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