FX Trip, a service provider of independent travel, has received a multi-million dollar investment in the B Series financing round, led by Zhongwei Capital.
China’s tourism industry has been struck by the shocking announcements that China Southern Airlines and Hainan Airlines are terminating their partnerships with Qunar.
HKCTS is seeking strategic investment from Ming Trip and Ruiheng Investment Management for a capital restructuring of its OTA subsidiary Mangocity.
China has released the results of the national tour operators survey for Q3 2015 showing performance by region and industry segment.
Boutique travel website Zanadu announced it received over RMB80 million in its A+ financing round, in which IT giant Tencent is the lead investor.
CITS and a subsidiary have joined hands with four other Chinese outbound tour operators to set up China Overseas Tourism Investment Management Co.
OTA Lvmama’s parent company, Shanghai-based Joyu Group, is listing on the New Third Board.
LY.com is setting up a joint venture company with Korea’s Lotte Tour in a strategic partnership to consolidate local Korean tourism resources and procurement.
