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Weekend travel startup Viviyoo raises US$1.6 million in Pre-A financing

Online travel startup Viviyoo has received funding of RMB10 million in a Pre-A financing round, from lead investor Charles Xue and other investors.

08/05/2015|4:35:52 PM|ChinaTravelNews

Qunar claims to be China’s largest mobile hotel booking platform in Q2 2015

Qunar achieved an average of more than 300,000 daily hotel room nights stayed in peak days in the week of July 27th.

08/06/2015|11:00:44 PM|ChinaTravelNews

Paths may clash, but Ctrip and eLong are working towards laser-sharp positioning

Ctrip and eLong are making bold moves, especially in thier approach to respective product strategies and thier decision to monetize the mobile channel.

08/05/2015|9:16:23 PM|ChinaTravelNews

Local travel startup Yikuaiqu raises US$4 million in A+ financing round

Online local travel service Yikuaiqu announced it received RMB25 million (approx: US$4 million) in an A+ financing round.

08/04/2015|5:29:36 PM|ChinaTravelNews

Quarterly room nights exceed 11 million in new record for eLong in Q2 2015

eLong is well positioned with a strong leadership team, significant customer base, and adequate cash balance, according to its CEO.

08/04/2015|8:51:17 PM|ChinaTravelNews

Chinese Internet giant Tencent offers OTA eLong going private proposal

Tencent is offering US$18 in cash per ADS to buyout top OTA eLong.

08/04/2015|6:44:26 PM|ChinaTravelNews

Ctrip reports continued robust growth in Q2 2015

Ctrips's accommodation reservation and transportation ticketing businesses reached record-high revenues of over RMB1 billion in Q2 2015.

08/04/2015|10:45:07 AM|ChinaTravelNews

Utour aims to improve travel industry financial services with small loans company

Utour announced it will set up a small loans company in Guangzhou with RMB100 million registered capital.

07/29/2015|4:14:25 PM|ChinaTravelNews
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