Chinese ride-sharing company UCAR received more than 260,000 bookings per day on average in the first quarter of 2016, and cost per booking was declining.
Three American airline giants are stepping up route plans in China, making airports of the world’s second largest economy increasingly important as Asia‘s aviation hubs.
Chongqing is actively wooing the Walt Disney Company, which has been considering building parks in central or western China even before work on the Shanghai park began.
Tripvip announced that it has received millions of yuan in its series A round. The outbound destination startup offers select and personalized itineraries.
Visitors spent an average of RMB 2,219 at Shanghai Disney Resort, and the Resort would generate RMB 33 billion annual revenue, if annual admission reaches 15 million.
In the midst of its privatization for a domestic listing, eLong recently got its hotel reservation service listed on WeChat Wallet.
Poly Real Estate will purchase 1.46% shares of Didi for less than RMB 2.5 billion. This puts the ride-share giant’s worth at about USD 26 billion. However, other data indicate that Didi may be worth at least USD 27.6 billion.
Tujia has fully acquired Mayi.com, and has made Mayi’s former controlling shareholder 58.com Inc. a new shareholder of Tujia.
