Search results for “Outbound travel”
China investors splashed $9.25b on buying overseas hotels
11/15/2016|1:04:27 PM|
China’s investors have splashed USD 9.25 billion snapping up hotels and accommodation worldwide in 17 deals so far this year.
Ctrip takes a big step in pursuit of going global
11/27/2016|9:50:20 AM|
Drifting away from intense competition in the domestic OTA market, Ctrip seems to have come a long way in a span of 18 months. The decision to acquire Skyscanner means Ctrip isn’t just a single market player anymore.
UTour net income rises 20.73% in Q3 2016
11/02/2016|9:22:38 AM|
UTour reported RMB 3.886 billion operating revenue in the third quarter of 2016, 16.58% more than last year. Net income rose 20.73% to RMB 135 million in the quarter.
FIT Ruums partners with DidaTravel Technology in China
11/22/2016|3:58:14 PM|
Webjet Limited’s newly launched B2B accommodation distributor FIT Ruums has formed a partnership with DidaTravel Technology in China.
Russia becomes a top outbound destination for China
10/10/2016|6:17:30 PM|
Russia displaced Hong Kong, Macao and Taiwan as a top destination for mainland Chinese travelers during the holiday, and welcomed 103.1% more visitors during the peak period.
Cheap flight search engine Dwfei.com completes Pre-A round
11/11/2016|2:25:31 PM|
Guangzhou-based cheap flight search engine Dwfei.com, announced it has completed its Pre-A round worth millions of yuan. The platform helps users by travel to more countries for less.
Sinbad Travel receives millions of yuan in A+ round
11/09/2016|10:25:13 AM|
Sinbad Travel has secured millions of yuan in A+ round and plans to use the funds to upgrade its itinerary customization system and consolidate overseas resources.
Didi Chuxing reportedly plans to cut 1,000 jobs
11/16/2016|12:55:53 PM|
Didi Chuxing is reportedly laying off more than a hundred employees, and the company may be aiming at cutting a total of 1,000 jobs, according to a Qieshengtai report.
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