Zhang Yong, CEO of Alibaba, said on Wednesday another 6 billion yuan would be poured into Aliyun, its cloud-computing arm, over the next three years.
Barcelona-based airline software business Changeyourflight has rebranded as Caravelo and picked up €1 million from backers including the VC arm of Hahn Air.
The trend to give users the chance to make bookings on metasearch engines continues – with Skyscanner confirming it has joined the fray in recent months.
The United States became China's biggest online exporter in 2014, in particular for education, healthcare and food products, according to a report by Visa.
Indian travel group Ibibo has stepped up its ambitions to operate a global, GDS-type product for buses, launching its redBus business into Malaysia and Singapore.
Tmall Global has launched a new service to allow Chinese tourists to prepay for their duty-free purchases online before going on vacation.
Tripping.com has raised $16 million in Series B financing. The company also hit an inventory record of more than 5 million property listings.
Google’s move into direct travel booking has sparked a debate about whether new online players will enhance the likelihood that regulators will approve Expedia’s pending acquisition of Orbitz Worldwide.