After the restructuring, Huaxia Lianhe will replace Youche Technology as UCAR’s new holding company and will operate all of UCAR’s chauffeur service.
FX Trip, a service provider of independent travel, has received a multi-million dollar investment in the B Series financing round, led by Zhongwei Capital.
Drive and travel app Wandehai recently completed a Pre-A financing round led by Jin Huifeng Investment.
Baiyun Airport held the first-ever auction for its domestic flight slots with nine scheduled slots sold in four hours at Guangdong Materials Group Corp headquarters.
China’s tourism industry has been struck by the shocking announcements that China Southern Airlines and Hainan Airlines are terminating their partnerships with Qunar.
HKCTS is seeking strategic investment from Ming Trip and Ruiheng Investment Management for a capital restructuring of its OTA subsidiary Mangocity.
HNA eKing Technology has invested RMB38 million to acquire Guangzhou- based business intelligence service High Jet.
Shanghai Pudong International Airport has officially embarked on its third construction phase to build a satellite hall for the airport that is scheduled to be completed in 2019.
