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Fliggy joins hundred-million-yuan funding in intercity transport service firm Bus365

Bus365 can better reach the 500 million users of Alibaba’s C2C branch Taobao with its offline outlets, and connect with the air and train tickets, hotels and vacation packages on Fliggy.

08/13/2018|5:00:59 PM|ChinaTravelNews

Cutting down on payment-related fraud via machine learning and AI

Travel merchants need to do away with outdated antifraud technologies that cause high false positive rate. That’s why companies are being recommended to go for real-time machine learning.

08/15/2018|7:52:49 AM|ChinaTravelNews

B&B distribution service player AsapOne lands multi-million yuan in funding

Unlike other B&B technology specialists in China, AsapOne targets homestay operation companies and individual property owners worldwide.

08/10/2018|5:18:12 PM|ChinaTravelNews

Tencent leads new funding in OYO, Chinese spends $45 billion to escape heat, and more

Tencent Holdings is likely to inject $300-500 million into OYO Rooms. This summer, Chinese tourists will make about 500 million trips in July and August, and are expected to spend more than $45 billion.

08/06/2018|11:58:59 AM|ChinaTravelNews

Click Travel receives multimillion pound injection amid "endless opportunities"

Gross sales of Click Travel in 2017 reached £205 million, turnover growth of more than 30% year-on-year for four consecutive years.

07/31/2018|2:20:22 PM|PhocusWire

Shared lodging brand Islands completes a new funding round

Islands is applying the Uber model to provide branding support for independent hotels in the areas of operation and management, channel sales, membership system, information system and supply chain.

07/31/2018|9:05:36 AM|ChinaTravelNews

Tongcheng Tourism fund unit feeds multi-million yuan into online parking firm Xiaoqiang Park

Both sides will work on the travel resources of Tongcheng Tourism and the parking services of Xiaoqiang Park to better serve business travelers.

07/30/2018|2:36:22 PM|ChinaTravelNews

Family health and travel platform Mtour Globe raises tens of millions of yuan

The company has developed more than 1,000 routes in 40 countries worldwide. It is aiming to achieve a total of 5,000 routes, 5 million members and a turnover in excess of 100 million yuan in 2018.

07/25/2018|4:29:03 PM|ChinaTravelNews
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