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Hotel and travel AI startup secures $41 million funding round

Zhuiyi Technology will use the funding for developing AI technology and products, recruitment, ecosystem building and overseas expansion.

04/09/2019|3:14:02 PM|ChinaTravelNews

Property management platform Hostex nabs RMB 4 million and ready for more

It had signed contracts for direct connection with Airbnb, Ctrip-backed Tujia and Meituan-owned Zhenguo.

04/09/2019|8:59:00 AM|ChinaTravelNews

OYO fully acquires Chinese rival startup Islands

The acquisition of this potential competitor not only delivers complementary advantages for OYO, but gives OYO more leverage in its expansion in China.

03/28/2019|10:58:54 AM|ChinaTravelNews

Alibaba launches “Fliggy Buy” shopping channel with merchants

Furla Hong Kong and Laox of Japan have already joined this channel, and more merchants are expected to join.

03/26/2019|2:27:12 PM|Fliggy

Homestay category on upswing in China, but what’s there to differentiate?

Brands such as Tujia, Xiaozhu and Airbnb are expanding their listings in China. An intriguing facet at this juncture is what is being done to stand out when one property could be available on more than one platform.

03/26/2019|1:36:49 PM|ChinaTravelNews

Payments fintech startup Airwallex raises US$100m in Series C round

Airwallex will use the investment to accelerate international expansion to empower marketplaces, online sellers and SMEs to grow their businesses.

03/26/2019|11:48:13 AM|Airwallex

Amadeus partners Ctrip to help global booking of Spanish rail tickets

Following this launch, Ctrip plans to make Renfe’s offer available on mobile, through the new Ctrip application TrainPal.

03/20/2019|10:06:14 AM|Ctrip

Booking Holdings holds 8% and Baidu holds 19% equity of Ctrip in 2018

Total revenues grew from RMB7.8 billion in 2014 to RMB31.1 billion (US$4.5 billion) in 2018, representing a compound annual growth rate of 41.4%.

03/18/2019|10:21:45 AM|ChinaTravelNews
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