Chinese outdoor specialist Toread will invest RMB230 million (approx: US$38 million) for 74.56% equity in OTA Eyoutour.
Global private equity fund TA Associates announced it invested an undisclosed amount in Chinese payment service Yeepay.
Baiyun Airport has been accelerating its globalization and strengthening cooperation with other airports in recent years.
Qunar witnessed growth across all the verticals last year. The company believes it can only build on its foundation from here on.
E-fenqi, an online platform offering pay-by-installments travel to college students, has recently received an angel investment of RMB5 million.
Shiji Technologies will invest 25 million euros to acquire 55.45% equity, of Austrian hotel data management company SnapShot.
UUzuche announced it received US$10 million funding from China’s largest car service and sales website BitAuto in its plus-A Series financing.
Travel marketers are expected to capitalize on the prowess of big data and analytics. ChinaTravelNews learns how Qyer.com is approaching the same for tangible results.
