There are many interesting aspects that mobile specialists and marketers needs to consider in order to work on a relevant app and popularize the same in China.
Both parties will invest RMB3 billion in the Koubei platform that will leverage Alibaba’s gourmet platform and Ant Financial’s offline operations and management.
B2B ticket sales service Piao Guanjia announced it received RMB30 million of Pre-A round investment from three independent investors.
Ctrip will offer up to US$1 billion in aggregate principal amount of senior notes convertible into Ctrip's ADS, each representing 0.25 of an ordinary share.
Zouzhe Travel received RMB51.46 million in the what is said to be the largest Series A funding yet for any Chinese destination travel service company.
HNA's acquisition price was not disclosed but estimates based on Red Hotel’s US$7.21 share price at the end of trading on Tuesday put it at US$21.5 million.
Shanghai Airport Authority (SAA) and Alibaba have signed an agreement on a strategic partnership to create a fully wired “airport of the future”.
Ten out of 17 hotels opened in China last May were international luxury hotels, according to the May 2015 China Hotel Industry Data Report by Meadin.com.