Youche Technology, the operator of top Chinese car rental company CAR Inc’s UCAR chauffeur service, has raised US$550 million in its B Series financing round.
Uber is setting up in the Shanghai Experimental Free Trade Zone by incorporating Shanghai Wubo Info Techn with registered capital of RMB2.1 billion.
Bus-share startup DadaBus announced it raised RMB200 million (approx: US$31.4 million) in its B Series financing round.
Wanda Group’s chairman Jianlin Wang has an ambitious plan to make tourism a key pillar of profitability for the group.
Maitao has made a full acquisition of Wuhan-based Daocaoren Camp and converted it into its Wuhan “branch”.
Selling travel products is a complex proposition, compared to traditional online retail. We assess how Alipay, as a specialist in the payment eco-system, is playing its part in travel e-commerce.
A major component of real-time bidding or RTB is to act on several layers of data. Ctrip and Zamplus provide an insight on how to plan for such digital marketing campaigns.
BTG Hotels is investing RMB22.5 million in the joint venture BTG Lohas Cultural Tourism and its wholly-owned subsidiary BTG Ecommerce.