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Hi Guides raises RMB 120 million in B round, mulls B+ round

Outbound chauffeured and tour guide service Hi Guides has received RMB 120 million in its series B round and is about to launch its B+ round.

08/16/2016|10:22:21 AM|ChinaTravelNews

Outbound car-rental platform Zuzuche.com closes its series B+ round

Guangzhou-based outbound car-rental platform Zuzuche.com has closed its series B+ round with GF Securities-owned direct investment fund GF Xinde Investment Management as the lead investor.

08/16/2016|2:20:15 PM|ChinaTravelNews

Tujia’s single-day booking exceeds 56,000 room nights after Mayi acquisition

Tujia’s single-day orders exceeded 56,000 room nights for the first time, China’s house-sharing market is expected to embrace a new round of explosive growth.

08/15/2016|7:41:45 PM|ChinaTravelNews

CYTS net income soars 92.17% in first half of 2016

CYTS recorded a slight increase in main revenue to RMB 4.976 billion in the first half of 2016. Net income rose 92.17% YoY to RMB 318 million.

08/15/2016|9:31:34 AM|ChinaTravelNews

Travelport unfazed by limited penetration in China, hopeful of bright future

Travelport is confident of delivering sustainable growth in the coming years, but it is still waiting for the regulatory environment to open up in China.

08/12/2016|4:48:35 PM|ChinaTravelNews

Hotel alliance joint venture opens in Hangzhou, targeting independent hotels

Zhejiang Future Hospitality Network Technology Limited, co-founded by Alitrip, BTG Hotels and Shiji Information in late March, was inaugurated on August 10 in Hangzhou, China.

08/12/2016|9:58:01 AM|ChinaTravelNews

Cheer U Islands secures RMB 7.5 million in Pre-A round

Cheer U Islands received RMB 7.5 million in series Pre-A round. Investors of the round will get a 15% stake in Cheer U Islands.

08/10/2016|7:08:41 PM|ChinaTravelNews

Crowd funding platform Duocaitou.com completes an eight-digit Pre-A round

Duocaitou.com, a crowd funding platform for boutique hotels and home rental, has completed its Pre-A round financing that raised an eight-digit sum from three venture capital firms – Share Capital, Innovation Angel Funds and Shunwei Capital Partners.

08/10/2016|9:29:42 AM|ChinaTravelNews
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