Search results for “2015”
Mobike closes $600 million E round backed by Tencent
06/20/2017|8:35:38 AM|
Bicycle rental platform Mobike has just raised over USD 600 million in its series E round funding backed by Tencent. The company plans to enhance its globalization, the Internet of Things, and AI.
China’s star-rated hotels record 49% occupancy in Q1 2015
05/29/2015|9:23:52 PM|
The 11,369 hotels in operation reported RMB22.253 billion from F&B and RMB20.705 billion from room sales for total revenue of RMB49.168 billion.
Airbnb sticks to C2C model in China localization
06/18/2017|2:34:14 PM|
Airbnb China’s vice president and public policy head Li An said that the firm will continue to focus on C2C model and emphasize quality rather than quantity in property listings.
Japanese media firm Recruit acquires guest feedback platform TrustYou
06/14/2017|5:01:05 PM|
Japanese internet and media group Recruit Holdings announced that it has acquired TrustYou, the world’s largest guest feedback platform, with the goal to further invest in the international hospitality and travel market.
Meituan gains traction in luxury hotel bookings
06/13/2017|5:12:29 PM|
Meituan revealed that the platform listing mainly luxury hotels has a listing of 15,000 hotels, or 92% of luxury hotels in China.
China’s OTAs net US$14 billion in transactions in Q1 2015
05/18/2015|10:47:22 PM|
China’s OTA market recorded RMB87.5 billion in transactions during the first quarter of 2015 an increase q-o-q of 11.7% and 29.2% y-o-y.
HNA slows M&A pace after US$50b buying spree in past 2 years
06/06/2017|8:49:20 PM|
As the global market is increasingly complicated, the HNA Group will slow down in making acquisitions, having amassed overseas assets to make up 30% of its portfolio that contribute to half of the group’s revenue.
Fliggy enters tailored travel field with strategy on creating travel design ecosystem
06/05/2017|7:03:15 PM|
Alibaba’s travel brand Fliggy has announced a strategy on building a travel design ecosystem and introduced five new products lines.
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China, Japan and South Korea target 40 million tourist exchanges by 2030

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