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Tongcheng Travel discloses transaction investments in target companies

Tongcheng Travel discloses transaction investments in target companies

Through the Transactions, the Group is able to tap into the full ecosystem of tourism related business.

12/30/2022|1:19:09 PM|ChinaTravelNews

Tongcheng-Elong acquires PMS provider Jintiane, further consolidating its position in lower-tier cities

The acquisition has deepened the online travel platform’s cooperation with over 10,000 hotels.

09/28/2021|4:56:15 PM|ChinaTravelNews

HNA-invested tour operator Caissa Tosun plans to acquire Alibaba-backed rival UTour to form a $1.9 billion giant

Alibaba holds a 5% stake in UTour while HNA Group owns more than 21% shares of Caissa Tosun.

06/16/2021|2:20:36 PM|ChinaTravelNews

Travel group LN Holdings acquires two tour operators to expand destination network

Last month, Guangzhilv announced that it will acquire Shanghai Shenshen International Travel Service to set up its eastern destination-service system.

12/23/2020|11:50:54 PM|ChinaTravelNews

Activities booking unicorn Klook acquires car rental firm Huizhuche

A source told ChinaTravelNews that Klook spent less than USD 10 million in its acquisition of Huizhuche, a price tag much lower than the car rental firm's claimed value after its series B round.

04/02/2020|3:26:04 PM|ChinaTravelNews
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