Search results for “innovation”
Joyu Group captures RMB 800 million funding to kickstart crossover of drama IP with travel and internet
02/05/2016|6:44:01 PM|
Joyu Group has gained RMB 800 million funding from a group of investors including Huace Film & TV on February 4. The deal will kickstart a new era for crossover collaboration between China’s movie and tv show giants and tourism destination operators.
China set to become world’s largest business travel market
02/02/2016|11:00:36 PM|
China’s inbound and outbound tourism traffic is expected to grow 5% in 2016, to 263 million, of which inbound tourist arrivals are expected to increase by 2.5% to 137 million, while outbound tourism traffic will increase by 8% to 126 million.
Haoqiao.cn repositioned as B2B portal for international hotels booking
02/26/2016|10:10:57 AM|
As it embarks on a new round of fund-raising for RMB 60 million, Haoqiao.cn plans to make itself the one-stop shop for connecting agents with international hotels, and deliver added values to travel agents who are looking for new ways of doing business.
Priceline reports financial results for Q4 and FY2015
02/17/2016|10:08:34 PM|
Priceline Group today reported its 4th quarter and full-year 2015 financial results with fourth quarter gross travel bookings increasing by 13% YoY to $12.0 billion and gross profit increasing by 12% YoY to $1.9 billion for Q4.
Shouqi Car Rental buys 40% stake of Reo Car Rental
02/16/2016|11:01:04 AM|
Shouqi Car Rental has acquired a 40% stake of Reo Car Rental and become the latter’s largest shareholder. The move helps further its game plan in the domestic car rental market.
Expedia sees a bright future in China
02/01/2016|11:41:47 AM|
Expedia has a two-fold approach for each and every market. Firstly, building own brands organically and secondly, partnering with strong local brands. Currently,the company is looking at optimizing marketing mix, looking at new payment options other than Alipay and also sharpening hotel content via contracting as well as tie-ups with local OTAs.
Didi-Kuaidi’s CEO says no immediate plans for IPO
12/21/2015|9:38:38 PM|
Didi-Kuaidi’s CEO Wei Cheng said the transportation platform has no immediate plans to go public.
Tuniu Announces Strategies for Hotel Booking, Themed Tours, and Air Ticketing
01/22/2016|11:19:00 PM|
New Initiatives to Cement Tuniu’s Position as One-Stop Platform for Chinese Leisure Travellers.
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