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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.
Expedia gross bookings grow 14% in Q1 2017
04/28/2017|7:09:34 AM|
Expedia reported gross bookings of USD 2.9 billion in the first quarter of 2017. Revenue increased 15% YoY to USD 2.2 billion, of which Trivago took up USD 286 million, a 62% rise from a year ago.
Travelzoo's revenue drops 5% in Q1 2017
04/27/2017|12:21:42 AM|
Travelzoo reported revenue of USD 28.4 million and operating profit of USD 2.1 million in 2016. In constant currencies, revenue decreased by 5% year-over-year.
Why librarians matter to Chinese travelers
06/12/2017|11:09:32 AM|
Some 78% of Chinese travelers welcome and value support from travel service providers who need to play the role of librarians in ensuring these avid readers are constantly excited and intrigued.
TripAdvisor revenue rises 6% in Q1 2017
05/10/2017|11:29:26 PM|
User reviews and opinions grew 43% and reached 500 million at March 31, 2017. GAAP Net Income slided 55% to USD 13 million.
SEC report: HNA Group owns 26.5% stake in Tuniu
04/18/2017|6:39:51 PM|
A recent SEC filing shows that HNA holds a 26.5% stake in Tuniu and JD.com controls a 20.6% stake in the company, as of March 31, 2017.
What has Ctrip acquired in three years?
04/15/2017|5:03:54 PM|
Ctrip said that it may continue to acquire complementary businesses and assets in the future if presented with appropriate opportunities. It has just revealed details about its acquisitions in recent years.
Chinese visitors to Japan spend 15% less per capita in Q1
04/25/2017|11:58:27 AM|
Mainland Chinese tourists to Japan spent 14.9% less per capita in the first quarter of 2017.
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