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Education platform Maitao.com pockets multi-million dollars to expand offline

Maitao acquires new customers with low-cost and high-quality courses such as Maitao Lab, and then channels the customers to high-value long-haul tours and camp activities.

07/09/2018|3:00:07 PM|ChinaTravelNews

Airbnb injects $5 million into China’s B&B management platform City Home

This will increase Airbnb’s supply of quality accommodation in China, and make available more offline resources and services for Airbnb hosts, which will in turn help City Home acquire more sources in the country.

07/06/2018|3:03:02 PM|ChinaTravelNews

Alibaba-backed Shiji acquires founders shares of SnapShot

Hotel technology firm Shiji acquired the shares of SnapShot’s founders to "increase commitment to SnapShot's vision of a hospitality data platform".

07/06/2018|11:59:08 AM|ChinaTravelNews

Smart hotels operator InnJoy closes a $1.5 million angel funding round

In 2017, InnJoy netted approximately RMB 5 million in total revenue, RMB 3 million of which was from the hotel business, and RMB 2 million from the smart home appliance business.

07/02/2018|5:32:49 PM|ChinaTravelNews

Homestay chain brand Youjia closes funding round backed by Ctrip

By investing in homestay brand Youjia, Ctrip aims to build quality home-share inventory and move up the supply chain.

06/28/2018|10:20:49 AM|ChinaTravelNews

Huazhu Group ranked as world’s 4th highest value hotel group

The Chinese hotel group had a market capitalization of around USD 12.8 billion as of June 26, trailing just behind Marriott, Hilton and Accor.

06/28/2018|10:02:03 AM|ChinaTravelNews

Hotel cloud-computing firm Titan completes C round financing

Chinese hotel cloud-computing service firm Titan received around USD 15 million in its series C round funding. The company will use the proceeds to double down on technological innovation and business expansion.

06/28/2018|10:16:14 AM|ChinaTravelNews

Hotel vending machine supplier MoBianLi raises $1.85 million in funding

MoBianLi supplies franchisees with machines for RMB 500-600, while the average market price is RMB 900-1200.

06/22/2018|5:00:51 PM|ChinaTravelNews
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