The deal gives BCD Travel controlling interest in their operations in Japan, one of Asia Pacific’s most important markets for corporate travel.
The two companies have worked together since 2015 when 3Mundi became part of Flight Centre's FCM Travel Solutions network as an independent licensee for the markets of France and Switzerland.
The deal marks Traveloka’s first publicly disclosed investment in a tech startup.
Cvent has spent the last few years gobbling up innovative companies to round out its gigantic platform for planners, hotels, and corporations.
Parse the past. Pinpoint the present. Forge the future.
HotelGG.com has engaged with nearly 1.5 million SMEs and supported the digital innovation initiatives of 20 companies among China’s top 500 enterprises since its establishment in 2014.
Liang cited key pain points experienced by foreign visitors in China included no Internet access to social media, stringent visa requirements and limited access to local hotels.
Overseas travel agencies have rolled out road shows in China recently in an attempt to grab a slice of the pie.
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