Ctrip replaces internal incubation program introduced two years ago with the new Oasis Lab and puts external innovative projects on its radar too.
The Airbnb explosion fueled an inhospitable city housing market — and cost New York residential renters a staggering $616 million in 2016, according to a new report.
Ctrip invested in supersonic airplane developer Boom, launched a travel content platform, and teamed up with AccorHotels; Alibaba partnered with Xiaozhu, and rolled out a new booking portal with Marriott.
TripAdvisor’s share of traffic in the travel industry has grown 26% in the last three years.
DRORE ONE, a cloud computing platform for intelligent travel, aims to provide overall solutions for the tourism ecosystem by integrating IoT, big data, AI and other technologies.
Zhenlv is a travel SaaS cloud service provider and is said to be valued at nearly RMB 100 million ($15.75 million).
Mobile payment was the most popular way China's outbound tourists chose to spend their cash during the recent May Day holiday, according to a report from the nation's leading mobile payment service.
Tencent-invested lifestyle firm Meituan Dianping has begun investigating reports of a data breach that exposed the private information of tens of thousands of users.