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Destination service LazyCat Travel gets millions of yuan in A+ round

Destination travel supplier LazyCat Travel raised millions of yuan in its series A+ round. The company focuses on outbound sector and distributes around 90% of its tour products on Alibaba’s travel marketplace.

03/08/2017|11:22:15 AM|ChinaTravelNews

Dear Chinese airlines: Digital marketing works in other ways

Joseph Wang, Chief Commercial Officer of TravelDaily China & ChinaTravelNews, discusses digital marketing trends for China’s airline industry.

03/07/2017|3:21:02 PM|ChinaTravelNews

Ctrip invests in boutique hotel operator Lagom

Ctrip has made a strategic investment in boutique hotel and alternative accommodation brand Lagom, according to Lagom’s announcement. The online travel giant also invested in boutique chain Jiuqi last September.

03/07/2017|3:05:30 PM|ChinaTravelNews

Key to being customer-centric: Count on cloud + data + API

A guest or a consumer doesn’t differentiate between “experiences” coming from a retail brand or a hotel property. So hotel companies need to focus on customer-centricity in the complex world of accommodation shopping.

03/07/2017|8:57:27 AM|ChinaTravelNews

Bike-share startup ofo grabs $450 million in D round backed by DST, Didi

Bike rental company ofo announced that it has raised USD 450 million in the recently closed series D round funding, backed by DST, Didi, CITIC and others.

03/03/2017|6:25:32 PM|ChinaTravelNews

UCAR’s latest 4.6-billion-yuan placement falls short of target

Chinese taxi App UCAR announced that it has raised RMB 4.6 billion in a private placement to four new investors. The proceeds was less than half of the company’s original fundraising target of 10 billion yuan.

03/03/2017|10:15:38 AM|ChinaTravelNews

Destination booking service Klook closes $30 million round led by Sequoia

Travel experience reservation platform Klook announced on March 2 that it has raised USD 30 million in its B round funding, which had Sequoia Capital China as lead investor.

03/03/2017|11:57:18 AM|ChinaTravelNews

OpenJaw signs up Cathay Pacific as NDC partner and partners with IATA

OpenJaw has become Cathay Pacific Airways' NDC partner and an NDC and ONE Order Strategic Partner, having achieved Level 3 NDC capability certification - the highest level of NDC certification offered by IATA.

03/02/2017|3:02:03 PM|ChinaTravelNews
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