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Microsoft accelerator member Showboom banks 20 million yuan for travel

Showboom Technology targets mid- to high-end outbound travelers with WiFi services, and it has launched travel phones and a mini-program.

10/11/2018|12:03:19 PM|ChinaTravelNews

China's Airbnb Xiaozhu.com lands nearly $300 million to enhance security and service

Jack Ma’s Yunfeng Capital and AdvanTech Capital were the lead investors, while GIC Private, Joy Capital, Morningside Venture Capital and Capital Today also joined the investment.

10/10/2018|11:15:13 AM|ChinaTravelNews

Tongcheng’s mass innovation unit injects multi-million yuan in incubated SIMTrip

SIMTrip is involved in the research and development of cross-border communications data technology. As of August, it has achieved over RMB 70 million in turnover, an increase of 130% year-on-year.

10/09/2018|3:45:39 PM|ChinaTravelNews

7m Chinese to peak National Day break, Meituan in-store, hotel & travel up 44.1% in revenue, and more

Around seven million Chinese are expected to travel abroad during the Golden Week. Meituan was listed in Hong Kong and reported a 10.6% rise in in-store, hotel and travel businesses GTV and 44.1% in revenue.

09/30/2018|1:16:38 PM|ChinaTravelNews

Airbnb counting on a blend of autonomy + global innovation in China

Airbnb is relying on razor-sharp product development backed by over 100 Chinese specialists and quality assessment of its listings to strengthen its operations in China, according to Airbnb’s Nathan Blecharczyk. The team has also interacted with China’s design community, meeting specialists from Didi Chuxing, Baidu etc. in the past year or so.

09/30/2018|9:28:28 PM|ChinaTravelNews

Selling travel by inspiring travellers - how Airbnb, Mafengwo and Atour are doing it?

Art, sports, food, nature...there could be many reasons behind what excites one and how this paves for a leisure trip. Since every traveller thinks differently, travel planning and commerce, needs to factor this and evolve accordingly.

09/21/2018|10:11:19 AM|ChinaTravelNews

Foreign travel brands increasingly being lured by Chinese tech landscape

Foreign companies like Booking Holdings are not only assessing business opportunities in the digital space of strategic relevance, but they are also keen on understanding how Chinese technology ecosystems are shaping consumption patterns of global relevance.

09/20/2018|10:10:37 AM|ChinaTravelNews

Is Ctrip gearing up for a two-sided marketplace? No, says Jane Sun

Ctrip's CEO acknowledges that it is vital for the group to sustain the stickiness of its platform. Rather than operating a two-sided marketplace, the team is optimistic about sustaining its growth based on its core strengths - Ctrip's team, data prowess, service delivery etc.

09/20/2018|10:10:03 AM|ChinaTravelNews
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