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Home-sharing platform Locals receives $24 million for its boutique B&B business

This year, Locals will add two additional businesses, namely homeware retail and urban travel, to further tap into consumption deriving from B&B customers.

01/23/2018|8:59:42 AM|ChinaTravelNews

Villa vacation rental operator Qvilla raises tens of millions of yuan

Qvilla intends to serve as a link connecting service, development and operation, rather than merely a platform, according to Qvilla CEO.

01/19/2018|11:57:22 AM|ChinaTravelNews

Ctrip makes inroads into destinations in tie-up with Big Bus Tours

Ctrip has extended its destination services to more than 700 cities and nearly 80 countries worldwide - expect more consolidation under way.

01/19/2018|6:56:21 PM|ChinaTravelNews

Ctrip hotel white paper sheds light on hospitality, consumer insights

Some 76% of the searches on Ctrip for hotels were related to star rating, most frequently about “five star/luxury hotel” or “four star/high-end hotel”, while only 11.61% of these searches were price-related.

01/12/2018|11:12:12 AM|ChinaTravelNews

Fintech startup of Tuniu former president snares $146 million in A round

BlackFish, a fintech startup co-founded by online travel site Tuniu’s former executives, has raised RMB 950 million (USD 146 million) in A-round funding, backed by Lightspeed China Partners and Gobi Partners.

01/12/2018|10:50:01 AM|ChinaTravelNews

ChinaTravelNews Briefing: Chinese tourism, Ctrip and other players' moves

For the past two weeks, ChinaTravelNews reported on how Chinese tourists affect the travel sector, a series of Ctrip’s moves, and news of major players Meituan, Tencent and Airbnb.

01/08/2018|9:33:21 AM|ChinaTravelNews

Ctrip- and Tencent-invested Tongcheng merges with eLong, eyeing capital market

Tencent and Ctrip will become major shareholders of the new entity TongCheng-eLong. Ctrip co-founder James Liang will serve as co-chairman.

12/29/2017|7:38:54 PM|ChinaTravelNews

Travel site Lvmama’s parent Joyu Culture Media secures another $402 million

Joyu Culture Media has raised $402 million in its latest financing after the September round. The latest round is completed through a third-party limited partnership acquired by Fullshare Holdings.

12/27/2017|12:39:55 PM|ChinaTravelNews
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