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DidaTravel inks strategic deal with China Comfort Travel
12/14/2016|11:12:32 AM|
ShenZhen DidaTravel Technology signed a strategic agreement with China Comfort Travel on their Supply Chain Ecosummit.
LY.com launches A share listing and confirms Wanda Group investment
06/25/2015|6:29:19 PM|
Wanda chairman Jianlin Wang said he made a major OTA investment while LY.com’s included Wanda Group among potential investors.
China's top 20 travel groups collectively rake in record income
12/09/2016|3:05:30 PM|
The collective income of China’s top 20 tourism groups this year is 40% higher than last year. The rapid growth is said to be a result of capital-driven mergers and online-offline consolidations.
Xbed raises 50 million yuan in ongoing Pre-A round
12/08/2016|11:39:40 AM|
Accommodation booking startup Xbed is raising RMB 50 million in its on-going Pre-A round that has Gobi Partners and QF Capital as lead investors.
China Eastern Airlines plans to spin off logistics business
12/08/2016|10:58:35 AM|
China Eastern Airlines is planning to transfer its stake in wholly-owned subsidiary China Eastern Airlines Logistics Co., Ltd. to another subsidiary of its parent holding company.
Greenland rolls out G-Hotel brand in Ctrip tie-up
11/09/2016|11:09:30 AM|
Greenland Hong Kong and Ctrip announced a partnership in which the former’s serviced apartments will be listed on the latter’s online booking platform.
House-sharing brand QianSu raises RMB 50 million
12/01/2016|10:52:02 PM|
Homestay startup QianSu announced that it has received RMB 50 million in its latest funding round. ChinaTravelNews learnt that the round had Qunar as one of the investors.
LN Holdings’ net profit rises 30.82% in third quarter
11/04/2016|2:58:27 PM|
LN Holdings’ operating revenue increased 3.98% to RMB 82.69 million in the third quarter of 2016. Net profit was RMB 7.85 million, up by 30.82% YoY.
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