Grab, Uber Technologies Inc's biggest rival in Southeast Asia, is raising as much as $2 billion in funding from Japan's SoftBank Group and China's top ride-hailing firm Didi Chuxing.
Combined mobile bookings of China, India, and Japan will reach USD 105.9 billion by 2020, up 325% over 2015.
Blockchain is an immutable database which, due to its security and decentralized nature, can pose a threat to traditional intermediaries. Companies are looking to expand blockchain to tackle travel distribution landscape.
Tour guide app service provider Lvji announced that it has raised RMB 25 million in its A round funding. The round had QF Capital as lead investor and also involved Beijing Jizhi Tech.
With over 150,000 users in its home market, Qantas has pushed concierge bots for personalized travels to North America, UK and Hong Kong through Facebook.
The startup targets small to medium sized businesses with Natural Language Processing to turn a text request into a query with best options then returned to the individual traveller based on preferences.
Research reveals that business travel accounts for USD 1.3 trillion of global travel spending annually and is set to rise at 3.7% per annum over the next ten years.
Adding more steps to the booking flow tends to increase complexity and leads to abandoned purchases so is generally considered a no go area. Or is it?