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Huazhu Hotels's gets a hand in in Homeinns with 5% acquisition for US$68 million

Huazhu Hotels acquired a 5% stake in Homeinns for RMB435 million to inflate Homeinns's share price and thus push up the price of its proposed privatization.

11/13/2015|10:45:19 AM|ChinaTravelNews

Game of hotel network expansion – who is winning?

Major Chinese hotel chains continue to pursue their expansion plans. HUAZHU Hotels states the roadmap is charted out, featuring a pipeline of 696 hotels.

11/12/2015|4:10:54 PM|ChinaTravelNews

B2B ticketing platform 517NA to list on the New Third Board

517NA B2B online ticketing platform, announced it is transferring its shares to a public company system and is listing on China’s New Third Board.

11/12/2015|3:42:37 PM|ChinaTravelNews

Uroaming raises over $10 million to expand outbound e-commerce services

Uroaming, an overseas WiFi service rental platform, announces today that it has raised over $10 million Series A+ funding from Steamboat Ventures and existing investor New Enterprise Associates.

11/12/2015|10:13:09 AM|ChinaTravelNews

Customized travel platform Bugentuan raises multi-million RMB Pre-A funding

Bugentuan announced it has completed a multi-million RMB Pre-A Series financing that was led by Newsion Venture Capital.

11/11/2015|10:27:08 AM|ChinaTravelNews

Weimob gets C Series financing led by HNA Group

Wechat’s third-party service provider Weimob announced it has already raised RMB500 million of the two billion yuan targeted for its C Series financing.

11/11/2015|10:27:22 AM|ChinaTravelNews

Mind Education raises B Series and announces plans to list on New Third Board

Beijing Century Mind Education, announced it completed a B Series financing worth an estimated one billion RMB. Ctrip had invested in its previous financing round.

11/11/2015|2:46:35 PM|ChinaTravelNews

Caissa Touristic to acquire HNA Capital Airlines in HNA Group restructure

Caissa Touristic could be the key listed platform for HNA Group to consolidate assets starting with Capital Airlines.

11/10/2015|5:49:17 PM|ChinaTravelNews
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