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Tongcheng Travel discloses transaction investments in target companies
Through the Transactions, the Group is able to tap into the full ecosystem of tourism related business.
12/30/2022
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3 years ago
Tongcheng-Elong acquires PMS provider Jintiane, further consolidating its position in lower-tier cities
The acquisition has deepened the online travel platform’s cooperation with over 10,000 hotels.
09/28/2021
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4 years ago
HNA-invested tour operator Caissa Tosun plans to acquire Alibaba-backed rival UTour to form a $1.9 billion giant
Alibaba holds a 5% stake in UTour while HNA Group owns more than 21% shares of Caissa Tosun.
06/16/2021
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4 years ago
Travel group LN Holdings acquires two tour operators to expand destination network
Last month, Guangzhilv announced that it will acquire Shanghai Shenshen International Travel Service to set up its eastern destination-service system.
12/23/2020
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5 years ago
Activities booking unicorn Klook acquires car rental firm Huizhuche
A source told ChinaTravelNews that Klook spent less than USD 10 million in its acquisition of Huizhuche, a price tag much lower than the car rental firm's claimed value after its series B round.
04/02/2020
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6 years ago
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