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Baidu Capital appoints Ctrip's former CSO Jenny Wu as first Managing Partner
11/23/2016|5:34:51 PM|
Baidu Capital appointed Ctrip's former CSO Jenny Wu as its first managing partner. The company will form a dedicated travel industry fund with Ctrip.
Bike-sharing Ubike raises RMB 100 million in A+ round
12/15/2016|5:55:07 PM|
Shanghai-based Ubike announced on December 13 it has raised RMB 100 million from BlackholeCap in its series A+ funding round.
Xbed raises 50 million yuan in ongoing Pre-A round
12/08/2016|11:39:40 AM|
Accommodation booking startup Xbed is raising RMB 50 million in its on-going Pre-A round that has Gobi Partners and QF Capital as lead investors.
China Eastern Airlines plans to spin off logistics business
12/08/2016|10:58:35 AM|
China Eastern Airlines is planning to transfer its stake in wholly-owned subsidiary China Eastern Airlines Logistics Co., Ltd. to another subsidiary of its parent holding company.
House-sharing brand QianSu raises RMB 50 million
12/01/2016|10:52:02 PM|
Homestay startup QianSu announced that it has received RMB 50 million in its latest funding round. ChinaTravelNews learnt that the round had Qunar as one of the investors.
Taiwan OTA KKday raises $7m in A+ round
12/05/2016|9:30:03 AM|
Taiwan-based online travel company KKday received USD 7 million in series A+ round funding for further expansion in Asia.
Cheer U Island raises RMB 12 million in A round
11/08/2016|11:21:02 AM|
Island-tour tailor Cheer U Island received RMB 12 million in its latest A round, which boosted the company's value to more than RMB 100 million.
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.
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