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Boutique travel platform Zanadu raises US$12 million in Tencent-led financing

Boutique travel website Zanadu announced it received over RMB80 million in its A+ financing round, in which IT giant Tencent is the lead investor.

12/23/2015|7:45:50 PM|ChinaTravelNews

Meituan-Dianping raise US$2.8 billion in financing

Meituan-Dianping has already raised US$2.8 billion in financing as of mid-December this year through the issuance of Class B shares.

12/23/2015|9:29:03 PM|ChinaTravelNews

Time for hotels to dig deeper post consolidation among OTAs

2015 witnessed heavy consolidation in the OTA space in China. So what needs to be done by hotels to balance out their distribution mix?

12/22/2015|3:33:41 PM|ChinaTravelNews

China’s cruise capacity to grow 80% in 2016

Ctrip projects that the capacity of China’s cruise ports will grow more than 80% next year in its “2016 China Cruise Industry Trend Forecast” report.

12/22/2015|9:57:11 PM|ChinaTravelNews

UCAR on track to list in China within a year

UCAR has not officially released an IPO timetable yet but it could find a shortcut to either through a shell company or the New Third Board to make a A share listing.

12/22/2015|9:37:22 PM|ChinaTravelNews

Korea banks on attracting Chinese tourists to bolster national consumption

Facing a domestic consumption tax hike the Korean government is banking on attracting Chinese consumption to boost national consumption.

12/21/2015|9:38:11 PM|ChinaTravelNews

Didi-Kuaidi’s CEO says no immediate plans for IPO

Didi-Kuaidi’s CEO Wei Cheng said the transportation platform has no immediate plans to go public.

12/21/2015|9:38:38 PM|ChinaTravelNews

Meituan-Dianping forms strategic alliance with PMS provider BeyondHost

Meituan-Dianping recently formed a strategic partnership with hotel PMS provider BeyondHost to set up an online open platform for hotels.

12/21/2015|9:59:43 PM|ChinaTravelNews
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