Danyang Luo, co-founder of Travel-X, said the capital raised will go towards further developing the technology for data processing, demand forecasting and data applications.
Sofangche targets both business operators and individual customers, and is already seeking another round of financing.
MiuTour now serves more than 1,500 cities across 150 countries and regions, and has established seven local operation centers outside China.
As part of a two-year “pilot plan” from July 1, Beijing is allowing 16 Chinese cities to come up with their own ways to attract foreign business in fields from banking to tourism.
China TravelSky Holding, China National Aviation Holding, China Southern Air Holding and China Eastern Air Holding, hold a combined 61.6% stake in the operating company of Umetrip.
The company is said to consider selling about a 10% stake in IPO.
Asia’s biggest airline has pledged to facilitate cancellation and re-scheduling for both its directly or indirectly sold personal tickets with automatic process and instant refunds.
Radisson Ningbo Beilun will be the latest Radisson property in Mainland China, joining existing properties in Shanghai, Suzhou and Tianjin.
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