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Shiji jumps after Ant Group invests $68.6 million in retail system unit Sixun
04/07/2021
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3:56:30 PM
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Alibaba acquired 13 percent of Shiji IT's shares for RMB 2.4 billion (USD 370 million) in 2014 to become its second-largest shareholder.
Radisson split loyalty program; Deutsche Hospitality debuts new luxury brand | Daily Brief
04/13/2021
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9:40:02 PM
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OTA data shows boom in Chinese demand for travel to Macao in upcoming May holiday; Air France to boost China Eastern venture after share issue.
Air France to boost China Eastern venture after share issue
04/13/2021
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12:37:39 PM
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They also plan to extend cooperation into new areas such as ground services, catering and maintenance.
Alibaba invests in hotel wholesaler; OTA could raise $1.35 billion | Daily Brief
04/07/2021
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11:30:58 PM
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Shiji jumps after Ant Group invests $68.6 million in retail system unit; Chinese travel rebounds during holiday while spending still lags.
Hopper raises $170 million to expand online travel loyalty biz
03/25/2021
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3:02:20 PM
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Investors are seeing opportunities in travel’s rebound, and there is the ongoing combination of travel agencies and financial services.
Corporate expense management platform Fenbeitong secures $92.5 million from Tencent, Hillhouse
03/19/2021
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1:46:34 PM
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The company’ revenue grew 300% annually over 2018-2020.
Hotel membership operator raises fund; expense management startup invested by Tencent | Weekly Review
03/21/2021
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1:46:52 PM
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Trip.com Group counts Baidu as top investor, overseas revenue drops significantly; China asks visa applicants to get inoculated with Chinese-made vaccines.
Expense management startup raises $92.5M; Canton Fair stays virtual in April | Daily Brief
03/19/2021
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10:30:06 PM
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Visa rules relaxed for Chinese vaccine recipient in 26 countries; Cologne uses WeChat to attract Chinese tourists.
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