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Chauffeured war heating up as Didi set to complete another financing round

Not long after Uber expressed confidence in turning a profit in China within two years, its arch rival Didi Chuxing is to close yet another round of funding, with UCAR-linked Alibaba among the investors

04/11/2016|4:29:02 PM|ChinaTravelNews

Chinese outbound spending up by 16.7%, buying 46% of global luxury goods

Global tourism has experienced growth for six years in a row, contributing 10% to world GDP and creating 9.5% of jobs globally, according to WTTC.

04/08/2016|8:31:11 AM|ChinaTravelNews

Transparency in online medium exposes weak sales strategy

Discrepancy in pricing on different online platforms is prevalent in China. Hotel companies need to dig deeper to be in control of “selling-rates”.

04/06/2016|9:38:31 AM|ChinaTravelNews

Local travel service Yikuaiqu prepares New Third Board listing

Chinese local travel platform Yikuaiqu.com may become the first of its kind to get listed on the New Third Board. The company expects to be profitable within three years despite fierce competition in the segment

04/06/2016|11:23:53 AM|ChinaTravelNews

China Eastern to expand routes to Europe, America and Australia

China Eastern Airlines is making strides in expanding route networks to Europe, America and Australia, with the goal of boosting its international capacity by 20% annually before 2020

04/08/2016|11:14:51 AM|ChinaTravelNews

Ningbo Airlines officially registered with RMB one billion

Ningbo Airlines was inaugurated on March 25 with a registered capital of RMB one billion

04/05/2016|10:12:07 PM|ChinaTravelNews

WeChat to roll out e-invoice solution for corporate travel

Top player in China’s social media network is joining hands with third-party service providers to explore a feasible solution for issuing e-invoice via the WeChat Wallet and Official Accounts

04/05/2016|10:12:15 PM|ChinaTravelNews

eHi upbeat about prospects despite marginal loss in Q4

eHi expects 2016 to be another record year for its revenue growth. The team is counting on its integrated business model, brand awareness and mobile infrastructure.

04/05/2016|10:12:31 PM|ChinaTravelNews
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