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PMS provider GreenCloud reaps RMB 180 million in B round funding

GreenCloud has signed 12,000 clients and has partnered with more than 20 local hotel groups ranked in the top 60 Chinese hotel groups as well as major international hotel brands.

05/08/2018|8:01:45 AM|ChinaTravelNews

Ctrip upgrades internal incubation program to Oasis Lab for innovation

Ctrip replaces internal incubation program introduced two years ago with the new Oasis Lab and puts external innovative projects on its radar too.

05/05/2018|9:06:36 AM|ChinaTravelNews

ChinaTravelNews Briefing: Ctrip buys stake in Boom Supersonic, Alibaba works with Xiaozhu

Ctrip invested in supersonic airplane developer Boom, launched a travel content platform, and teamed up with AccorHotels; Alibaba partnered with Xiaozhu, and rolled out a new booking portal with Marriott.

05/04/2018|5:58:05 PM|ChinaTravelNews

Intelligent tourism operator Drore Technology picks up multi-million funding

DRORE ONE, a cloud computing platform for intelligent travel, aims to provide overall solutions for the tourism ecosystem by integrating IoT, big data, AI and other technologies.

05/04/2018|11:40:30 AM|ChinaTravelNews

Tongcheng-backed startup Zhenlv Technology raises multimillion yuan

Zhenlv is a travel SaaS cloud service provider and is said to be valued at nearly RMB 100 million ($15.75 million).

05/04/2018|10:12:35 AM|ChinaTravelNews

B2B hotel platform Mogu Trip fully acquired by travel service provider Yundijie

The acquisition of Mogu Trip will help Yundijie branch out into the international hotel distribution business and further enhance its product supplies to increase competitiveness.

04/29/2018|9:06:01 PM|ChinaTravelNews

Travelzoo's Q1 revenue rises 9% to $30.9 million

Travelzoo announced revenue of USD 30.9 million and operating profit of USD 3.7 million in Q1 2018. "Revenue growth accelerated in all three regions, leading to much stronger earnings," said Travelzoo CEO.

04/26/2018|10:17:56 AM|ChinaTravelNews

ChinaTravelNews Briefing: Tencent vies for railway WiFi service, Meituan denies funding and more

Both Tencent and Alibaba are eyeing a stake in Bullet Train Networks, Ctrip joins a consortium in a bid for car rental firm eHi’s privatization, and more in this week’s Briefing.

04/20/2018|2:48:41 PM|ChinaTravelNews
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