Search results for “RMB”
Travel site Lvmama’s parent Joyu Culture Media secures another $402 million
12/27/2017|12:39:55 PM|
Joyu Culture Media has raised $402 million in its latest financing after the September round. The latest round is completed through a third-party limited partnership acquired by Fullshare Holdings.
Villa vacation rental operator Qvilla raises tens of millions of yuan
01/19/2018|11:57:22 AM|
Qvilla intends to serve as a link connecting service, development and operation, rather than merely a platform, according to Qvilla CEO.
Fintech startup of Tuniu former president snares $146 million in A round
01/12/2018|10:50:01 AM|
BlackFish, a fintech startup co-founded by online travel site Tuniu’s former executives, has raised RMB 950 million (USD 146 million) in A-round funding, backed by Lightspeed China Partners and Gobi Partners.
Outdoor tech metacommunity FunPilot raises millions of yuan in angel round
11/24/2017|5:00:28 PM|
Outdoor tech metacommunity FunPilot has raised millions of yuan in an angel round of financing, after receiving RMB 700,000 from Hofan Capital in a seed round.
Yueban Travel to acquire Vancouver and Liaoning travel agencies
12/06/2017|12:03:42 PM|
Dalian Yueban Travel has announced that it will acquire full ownership of Vancouver-based Star East Travel and Liaoning-based Beiguo International Travel for a total of RMB 13.18 million.
ChinaTravelNews annual roundup: Major events of year 2017
12/18/2017|2:15:13 PM|
In 2017, the World Tourism Alliance was set up, ITB debuted in Shanghai, China banned tours to S. Korea, Priceline invested in Meituan to compete with Ctrip, and local home-sharing is on the rise while Airbnb is slow to localize...
China’s tourism contributes more than 10% to GDP and employment
11/21/2017|4:56:51 PM|
According to CNTA, the total revenue in tourism increased by 13.6% to RMB 4.69 trillion, and the tourism industry in China has contributed RMB 8.19 trillion or 11.01% to GDP in 2016.
B&B booking platform Qmango sets up ￥500 million B&B investment fund
12/08/2017|9:13:30 AM|
Chinese B&B booking platform Qmango has completed a new round of financing, and subsequently set up a RMB 500 million investment fund for B&B management companies and other related business.
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