China predicts spending at its parks to reach nearly USD 12 billion by 2020, with visitor numbers surpassing 330 million, according to a report of Attractions Management.
Songcheng plans to build an entertainment park in the Gold Coast city of Queensland. The investment for the first phase will be around RMB 2 billion.
In less than half a year after its inauguration, Shanghai Disney Resort now plans to build new themed area Toy Story Land which will be open in 2018.
Overseas navigation service XiKe Map has completed an angel round backed by outbound WiFi provider Uroaming.
Island-tour tailor Cheer U Island received RMB 12 million in its latest A round, which boosted the company's value to more than RMB 100 million.
Japan received more than 20 million overseas visitors in the first 10 months of 2016, of which the 5 million trips made by mainland Chinese visitors accounted for a quarter.
Southwestern China’s tented resort operator Vinetree announced that it received RMB 30 million in its series A round funding.
Japan’s tourism authorities reported that visitor arrivals from China since January have exceeded a record five million.