Search results for “travel consumers”
Hostel brand ShiLiLi raises RMB 30 million
04/15/2016|9:20:12 AM|
Honeymoon lodging service ShiLiLi announced it has raised RMB 30 million from a consortium led by Mr. Chi Li, one of the three successful investors known as “The Warren Buffets of China.”
eHi upbeat about prospects despite marginal loss in Q4
04/05/2016|10:12:31 PM|
eHi expects 2016 to be another record year for its revenue growth. The team is counting on its integrated business model, brand awareness and mobile infrastructure.
A bite of China’s mobile payments pie – now Apple Pay wants it too
02/23/2016|9:56:19 AM|
Can Apple Pay take on Alipay and Tenpay in China? It’s going to be a herculean task, but Apple is optimistic going by its current level of growth in this market.
Dealing with OTAs isn’t only about incremental revenues
03/28/2016|10:15:06 PM|
Foreign hotels are looking into issues related to pricing, brand integrity and distribution infrastructure when it comes to dealing with OTAs in China.
HNA-Caissa-led consortium to acquire 43.88% of FlightManager for RMB 933 million
03/25/2016|10:16:44 PM|
A consortium led by HNA-Caissa and Caissa Sega, along with CAAC Private Equity Fund and Beijing CAAC HeYuan Investment, plans to invest RMB 933 million to acquire 43.88% shares of Shenzhen Huoli Tianhui Technology, the parent company of flight management App FlightManager.
LY.com partners with AnnualLeave in strategic investment for IP-based entertainment
03/24/2016|11:32:16 AM|
LY.com announces that it has taken a stake in AnnualLeave and has become the company’s second largest shareholder. The equity participation is seen as LY.com’s major move to sharpen its strategy on IP-based entertainment.
Taiwan OTA KKday raises USD 4.5 million in A-round funding
03/17/2016|11:13:01 AM|
KKday, a Taiwan platform for independent travel, has received USD 4.5 million for its A-round funding. The funding will be invested in developing its presence in Southeast Asia.
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.
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