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Official data show slower growth in China’s outbound travel
10/21/2016|11:21:09 AM|
China’s domestic tourism market continued to grow robustly in 2015 and inbound travel sector posted a slight increase, whereas outbound growth saw a slowdown, said CNTA.
HNA's Shareco to buy 34.90% stake in GEE
11/10/2016|8:48:30 AM|
HNA subsidiary Shareco will buy a 34.90% stake in US-based inflight entertainment company GEE for USD 416 million.
Kaligo Travel, China Eastern launch TravelEdge loyalty platform
11/13/2016|5:33:30 PM|
Kaligo Travel Solutions launched TravelEdge loyalty platform teaming up with China Eastern for the latter's 32 million members to earn points at 465,000 properties globally.
Bike-sharing YouBai closes 150-million-yuan A round
11/08/2016|11:09:09 AM|
Bicycle rental company YouBai has received more than RMB 100 million in its series A round financing.
Bike-sharing startup ofo secures B+ round backed by Didi Chuxing
09/28/2016|1:28:35 PM|
Bike rental platform ofo raised tens of millions of US dollars from Chinese car-hailing giant Didi Chuxing. The companies plan comprehensive cooperation.
Deals Roundup: Travel finance has a long way to go
09/24/2016|9:26:13 AM|
A look at potential development of travel finance for consumers and suppliers, and a roundup of financing deals in travel industry:
Ctrip invests in US-based Chinese tour operators
10/25/2016|8:16:18 PM|
Ctrip has invested in two of North America’s largest tour operators to build up its destination service and procurement system in the area.
Qunar to close privatization in first half of 2017
10/19/2016|10:07:58 AM|
Qunar announced that it has entered into a definitive agreement with Ocean Management. The agreement valued the company at around USD 4.44 billion.
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