Huizhuche, an online car rental platform for Chinese travelers abroad, just received almost US$10 million from Northern Light Venture Capital.
Users can now access the ChinaTravelNews mobile website for the latest Chinese travel industry information anytime anywhere on any device!
A spokesperson of Wanda Hotels and Resorts has confirmed that the group is planning to launch Jinhua hotel brand, described as a mid-high-end brand.
Tuniu’s CEO Donald Yu said it has no privatization plans but will accelerate its globalization strategy and aims to add 100 overseas destination centers overseas.
After leveraging massive investment to capture first place in the lifestyle service segment, Meituan is eager to take down top OTA player for hotel bookings.
Chinese car rental giant CAR Inc issued US$300 million in bonds on August 3, its second batch this year after issuing US$500 million in January.
Online travel startup Viviyoo has received funding of RMB10 million in a Pre-A financing round, from lead investor Charles Xue and other investors.
Qunar achieved an average of more than 300,000 daily hotel room nights stayed in peak days in the week of July 27th.
