Travel agencies in China organized 13.72 million outbound visits in the second quarter of 2016, up by 17.32% YoY.
PMS provider Green Cloud has received RMB 15 million in its series A round backed by Leading Capital,and will go ahead with series A+ round to raise another RMB 30 million.
Air China is assiduously improving both domestic and international websites, as well as its mobile App.
Chinese OTA Lvmama’s parent company Joyu Group announced that it plans to launch a private placement of no more than RMB 1 billion.
Travel SaaS platform Zowoyoo has closed a new round of funding, following its series A round in 2015.
Vacation-booking BlaTravel has raised millions of yuan in its series A+ round. The company adopted a model of “hotel recommendation plus travel experience sharing”.
Ctrip asserts the one-stop travel shopping model is suave, and the scale that can be achieved will be significant going forward.
Outbound-tour operator UTour announced its strategic acquisition of a Japanese ground handler to explore the independent travel to Japan.