O2O car sharing and hire platform Woo Kong has received a total of RMB20 million in angel investments from Buttonwood Capital and Jinkejun Capital.
Shandong Airlines announced a public tender of its 20% stake in Qingdao Airlines at a base price of RMB200.8 million.
By the end of 2014, 117 destination countries were receiving tour groups from China, underscoring the clout of the nation's “tourism diplomacy”.
According to new EU rules, Chinese visitors must submit fingerprints when applying for Schengen visas starting from October 12, 2015.
Uber China has recently received a venture capital of one billion US dollars from investors, among them China’s largest search engine Baidu and China CITIC Bank.
For hotel companies targeting Chinese outbound travel segment, the reliance on OTAs is important at this juncture.
Shanghai-based Jin Jiang Hotels Group has announced it is making cash-based acquisitions of compatible hotel assets from third parties in a major restructuring.
Uber has begun a trial run of new carpooling function “Peoples’ Uber +”, in the Shanghai. The function is said to able to help users save up to 30% on fares.
