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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

ChinaTravelNews Briefing: Mobile payment, blockchain and destination services

For the last fortnight, latest tourism statistics underlined China’s position as a vital source market, and fresh funding flowed into China's blockchain travel and destination service startups.

03/12/2018|1:55:59 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

Chinese tourists contribute over one-fifth to global outbound spending

In the next decade, about one-fourth of global employment is expected to emerge in the travel industry, with Chinese tourism being the major driving force.

02/27/2018|9:04:38 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

ChinaTravelNews Briefing: Alibaba, Ctrip, statistics & forecasts, acquisitions & investments

Alibaba’s Fliggy, Ctrip, Tongcheng-eLong and TravelFlan had new moves in the market, tourism statistics provided an update on China’s tourism performance, and acquisitions & investments had been made.

02/11/2018|10:17:01 AM|ChinaTravelNews

The beauty of a core data asset – time for travel companies to embrace it

How to identify a first time guest staying at a particular property or a passenger preferring a particular seat when flying? A core data asset is a must for travel companies to answer such questions.

02/09/2018|8:15:53 AM|ChinaTravelNews
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