Bus ticketing platform 12308 has received an investment worth RMB50 million from China Transinfo to help its plans to offer O2O long-distance coach service.
Eventown Group has announced it is making a full acquisition of event management platform EventDove and its related brands in a RMB90 million cash and share deal.
Next year, Chinese will be able to hail a Lyft ride on the Didi-Kuaidi app while Americans can use the Lyft app to book a ride with Didi-Kuaidi in China.
Shenzhen Airport plans to double international routes and expects its passenger throughput on international and regional routes to exceed 5.5 million trips by 2020.
Uber expects its turnover in China to exceed that of the US while Guangzhou has recently become Uber’s top city in the world in terms of booking volume.
Tencent will soon complete an investment of US$1 billion in the newly merged Meituan-Dianping. The new company’s is valued at US$20 billion.
Walt Disney’s CEO Robert Iger said China’s new “two-child policy” would be a boon to the tourism industry as more children going to its theme parks.
Spring Airlines saw 13% increase in revenue in the first three quarters of this year, to RMB6.325 billion, and net profit attributable to shareholders skyrocketed 83% to RMB1.202 billion. Basic earnings per share were RMB3.09.
