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Tongcheng’s mass innovation unit injects multi-million yuan in incubated SIMTrip

10/09/2018|3:45:39 PM|

SIMTrip is involved in the research and development of cross-border communications data technology. As of August, it has achieved over RMB 70 million in turnover, an increase of 130% year-on-year.

Ctrip embarks on hotel operation, Xiaozhu gets $300 million funding, and more

10/18/2018|8:22:02 AM|

High-speed railway passenger volume increased by more than 50% year-on-year during China’s National Day holiday, Airbnb rival Xiaozhu has pocketed $300 million for beefing up security and services.

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