Overseas tourism Chinese-language chauffeur platform Huiwan received a RMB20 million in the Pre-A financing round from New Margin Ventures.
Tuniu and Utour conflict took a new turn when the 17 tour operators resumed their partnership with Tuniu on April 26.
Airports have become the new overseas acquisition targets for Chinese corporations with the acquisition of Lubeck Airport by China PR Group.
Hainan Airlines’ subsidiary Hainan Xinsheng Feixiang Culture Media Co is the first inflight media and inflight integrated sales company to list on the “third board”.
Hotel customers posted 20 million reviews or 61,000 reviews per day in 2014, up 163.8% against the previous year.
China’s first private charter airline Juneyao Air has been cleared for a Shanghai IPO on April 22 by the China Securities Regulatory Commission.
Chinese carriers have maintained rapid growth especially in international flight operations in Q1 of 2015 CAAC reports.
CYTS will accelerate its O2O development this year and integrate its website Aoyou.com with 1,000 agencies in 100 Chinese cities within three years.
