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Chinese bike-sharing merger HelloBike scoops $350 million

HelloBike has completed a USD 350 million D1 round of financing, and it has led the growth in bike-sharing in second- and third- tier cities.

12/04/2017|4:48:44 PM|ChinaTravelNews

Palace Museum set up innovation lab with Tencent for digitalization

China's internet service giant Tencent and the Palace Museum have announced to set up a joint innovation lab to explore digital technologies for protecting, researching and displaying cultural relics.

12/01/2017|1:12:29 PM|ChinaTravelNews

OpenJaw China: Airlines count on 3 pillars for a differentiated offering

Personalisation, underlying trends that are making organisations agile and innovative, and new sector-specific businesses processes and systems can enable airlines to come up with a differentiated offering.

12/01/2017|9:34:37 AM|ChinaTravelNews

Direct booking platform Zhidingke gets funding ammunition to 'disrupt Ctrip'

Hotel direct booking platform Zhidingke has raised tens of millions of yuan to focus on 'direct connection, price comparison, special sale and membership sharing', as it vows to disrupt OTAs’ dominance.

11/28/2017|3:30:55 PM|ChinaTravelNews

Children outdoor activities company BBZTX closes ￥20 million B round financing

Children outdoor activities company BBZTX has received more than ￥20 million in its B round financing. The company presently maintains a presence in 20 cities with annual revenues of nearly ￥40 million.

11/27/2017|4:17:55 PM|ChinaTravelNews

Ctrip extends ground services in partnership with Big Bus Tours

The competition in ground transportation and catering services at tourist destinations will be more intense as OTAs tap into a wider range of destination resources.

11/24/2017|1:40:51 PM|ChinaTravelNews

Meituan Travel unveils air ticketing strategy a year after acquiring Flightroutes24

Meituan has seen more than three-fold increase in air ticketing transactions so far this year, and the number of paid air tickets transacted on the site increased by more than 340% year on year.

11/23/2017|8:49:10 AM|ChinaTravelNews

China’s tourism contributes more than 10% to GDP and employment

According to CNTA, the total revenue in tourism increased by 13.6% to RMB 4.69 trillion, and the tourism industry in China has contributed RMB 8.19 trillion or 11.01% to GDP in 2016.

11/21/2017|4:56:51 PM|ChinaTravelNews
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