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Business travel SaaS platform Cloud Helios wins 50 million yuan in funding

It has handled a total of 300,000 reimbursement documents for more than 120 companies including Didi and Fosun, and air tickets reimbursements handled by the company exceeded 200 million yuan.

03/09/2018|11:37:58 AM|ChinaTravelNews

Homestay brand Locals brings in 100m yuan, eyeing new retail & urban travel

Locals currently has more than 10,000 boutique listings in 55 cities, and plans to enlarge the pool to 50,000 properties to receive 20 million guests, and achieve 2 billion yuan in GMV in 2018.

03/12/2018|1:54:45 PM|ChinaTravelNews

Outbound driver-guide platform Hi Guides receives $50 million

The current funding will be deployed for brand building, manpower development and resource distribution at destinations.

03/01/2018|2:55:43 PM|ChinaTravelNews

Blockchain-based travel platform Trip.io secures hundreds of million funding

Tripio plans to restructure hotel booking protocol using blockchain technology, so as to solve problems of high commission, intensive operation, false reviews and inaccurate updates on room status.

02/28/2018|8:53:06 AM|ChinaTravelNews

Travel platform KKday secures $10.5m funding, backed by Japan travel giant

The alliance and funding are expected to help KKday expand its regional presence and further improve its variety of affordable product offerings to travelers.

02/22/2018|3:55:32 PM|ChinaTravelNews

Uber-like hotel platform Xbed secures $16 million

Currently there’re over 20,000 properties in 44 cities across China with nearly a million registered users, and the inventory is expected to reach 100,000 after the completion of the current round.

02/07/2018|10:23:36 AM|ChinaTravelNews

WandTrip wins 8-figure financing to tap alternative home-sharing business

WandTrip has won multi-million yuan financing to tap the global alternative accommodation market worth $114.4 billion in 2017, and its compound annual growth rate topped 20% in the past six years.

02/06/2018|10:51:50 AM|ChinaTravelNews

China’s Airbnb Tujia acquires Fishtrip for overseas expansion

With the addition of Fishtrip, Tujia is now connected to nine online property platforms including Tujia itself, Mayi, Ctrip, eLong, Qunar, 58.com-Ganji, WeChat Hotel and Zhima Credit.

01/31/2018|4:27:02 PM|ChinaTravelNews
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