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AR tour navigation startup Qiantech closes Pre-A round

AR navigation startup Qiantech announced on June 19 that the company has raised millions of yuan in its series Pre-A round funding.

06/20/2017|2:30:17 PM|ChinaTravelNews

China Eastern gives core staff 10% holding in ownership revamp of logistics arm

The ownership structure of China Eastern’s logistics unit will be diversified and core employees will share 10% holdings of the company.

06/20/2017|2:14:20 PM|ChinaTravelNews

Priceline Group CEO: online travel in China may still witness “significant volatility”

Priceline CEO Glenn D. Fogel believes that price is still incredibly important in China's OTA market. The key of setting up a brand in China is to understand ecosystems – Baidu, Alibaba and Tencent.

06/19/2017|1:58:57 PM|ChinaTravelNews

Mobike closes $600 million E round backed by Tencent

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.

06/20/2017|8:35:38 AM|ChinaTravelNews

Ctrip Chairman: globalization is about supply chain, brand and innovative R&D

Ctrip’s globalization should focus on its supply chain, brand and innovative research and development, chairman James Jianzhang Liang said.

06/20/2017|1:25:19 PM|ChinaTravelNews

Airbnb sticks to C2C model in China localization

Airbnb China’s vice president and public policy head Li An said that the firm will continue to focus on C2C model and emphasize quality rather than quantity in property listings.

06/18/2017|2:34:14 PM|ChinaTravelNews

Travel firms in Asia Pacific leverage data analytics to forecast demand

Travel companies in Asia Pacific with China in particular are embedding analytics into their organizations to forecast demand and increase revenues, according to a survey by Hotelbeds.

06/16/2017|2:03:44 PM|Hotelbeds

Global theme parks: Disney remains No. 1, China set to surpass US

Theme parks in China will have more attendances than those in the US by 2020, according to a global theme park report by AECOM and TEA.

06/15/2017|4:17:17 PM|ChinaTravelNews
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