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Banking on real-time data for astute network planning

The turnaround time for airlines to act on data related to schedules, connections, and passenger traffic flows has come down massively.

10/10/2015|10:28:00 PM|ChinaTravelNews

China’s online travel industry grew 38.9% in 2014

The scale of transactions in China’s online travel industry reached RMB307.79 billion in 2014, up 38.9% from the previous year.

10/09/2015|10:28:37 PM|ChinaTravelNews

UCAR raises US$550 million in B Series financing

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.

10/09/2015|3:46:41 PM|ChinaTravelNews

Uber invests US$991 million in China and joins the Shanghai Free Trade Zone

Uber is setting up in the Shanghai Experimental Free Trade Zone by incorporating Shanghai Wubo Info Techn with registered capital of RMB2.1 billion.

10/08/2015|10:42:21 PM|ChinaTravelNews

DadaBus raises US$31 million in B Series financing

Bus-share startup DadaBus announced it raised RMB200 million (approx: US$31.4 million) in its B Series financing round.

10/05/2015|4:27:57 PM|ChinaTravelNews

Wanda Group takes on Disney in ambitious cultural tourism plans

Wanda Group’s chairman Jianlin Wang has an ambitious plan to make tourism a key pillar of profitability for the group.

10/05/2015|10:30:59 PM|ChinaTravelNews

Family travel startup Maitao acquires Daocaoren Camp to gain Wuhan branch

Maitao has made a full acquisition of Wuhan-based Daocaoren Camp and converted it into its Wuhan “branch”.

10/05/2015|1:40:23 PM|ChinaTravelNews

Alipay bridging the gap between trust and travel e-commerce transactions

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.

09/30/2015|2:34:54 PM|ChinaTravelNews
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