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Mobike closes $600 million E round backed by Tencent
06/20/2017
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8:35:38 AM
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Bicycle rental platform Mobike has just raised over USD 600 million in its series E round funding backed by Tencent. The company plans to enhance its globalization, the Internet of Things, and AI.
eHi boosts car share service while UCAR beefs up car dealing platform as authorities give go ahead to car share concept
06/07/2017
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7:36:52 PM
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eHi Car Sevices reported 33% increase in first quarter income, boosted by car rental and car services, while UCAR aims to raise $2 billion for its e platform for car dealing.
Ctrip sort of arrives in Manchester
06/13/2017
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10:15:18 AM
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A Chinese start-up Mobike in which Ctrip has a stake is making its first move outside Asia, choosing Manchester and Salford in the UK to start its plans for Europe.
Outbound travel from China to Europe expected to rise 10% in 2017
04/12/2017
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1:55:15 PM
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Europe received 5.13 million visitor arrivals from China in 2016, up by 6.3% YoY. The arrivals number is expected to grow 10% to 5.5 million this year.
Ixigo confirms $15 million Series B, Paytm partners with booking.com
03/24/2017
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9:24:33 AM
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Indian travel search engine Ixigo has completed its USD 15 million Series B round, with Sequoia Capital and Fosun Kinzon backing the raise.
Dear Chinese airlines: Digital marketing works in other ways
03/07/2017
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3:21:02 PM
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Joseph Wang, Chief Commercial Officer of TravelDaily China & ChinaTravelNews, discusses digital marketing trends for China’s airline industry.
Didi Chuxing rumored to get payment license via acquisition of 19Pay
03/13/2017
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6:08:05 PM
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Chinese car-hailing firm Didi Chuxing will fully acquire 19Pay for RMB 4.3 billion (USD 62.2 million), reported news outlet Paynews.net, citing people familiar with the matter.
The future of everything in travel
01/28/2017
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4:00:09 PM
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Openjaw Technologies' CEO Kieron Branagan examined six important trends in China to grasp global technology and travel in the future.
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