CAR Inc's main shareholder Grand Union will transfer 125.4 million of its CAR Inc shares to Youche Technology, at HK$13.5 per share for US$210 million.
Shanghai Disney expects 10 million admissions at its opening, 95% of from mainland China and over 70% of visitors from the Yangtze River Delta region.
A total of 526 million trips were made nationally in China over the National Day holidays and RMB421.3 billion was spent during the period, up 10.7% and 17.9%.
Car rental platform China Car Experts has announced it has received US$120 million from Harvest Investment in its A Series financing round.
How are travel companies trying to be smarter with personalisation? We learn from Dave O’Flanagan, co-founder and CEO of Boxever.
The legalization of Didi-Kuaidi has sparked public discussion as to whether other car-hire platforms like Yongche, Uber and CAR Chauffeur can also get licensed.
HNA Group has joined Uber China’s investors to help boost Uber China’s valuation to nearly US$8 billion, according to media reports.
China’s tour operators made RMB133.133 billion in total revenue in outbound tourism RMB178.368 billion in domestic tourism and RMB28.304 billion in 2014.