Travel platform Zuotoujing currently has more than 400 suppliers and over 40,000 users, generating operating revenues of more than RMB 40 million since its operation in 2015.
Online travel company Banma Trip has recently received an undisclosed amount in a new round of financing from Aurora Private Equity, following the May round of financing from Tuniu.com.
By connecting music and tourism, Chinese tour operator DTJ Tours hopes to provide personalized travel for music lovers.
Chinese B&B booking platform Qmango has completed a new round of financing, and subsequently set up a RMB 500 million investment fund for B&B management companies and other related business.
Qunar.com announced the appointment of Ctrip’s senior VP Gang Chen to be its CEO. The appointment comes at a point when Ctrip is actively grooming young executives.
Dalian Yueban Travel has announced that it will acquire full ownership of Vancouver-based Star East Travel and Liaoning-based Beiguo International Travel for a total of RMB 13.18 million.
“As for localization in China,it’s more about re-invention. There are so many things which are very interestingly either better or different in China,” said Pepijn Rijvers, CMO of Booking.com.
Hotel direct booking platform Zhidingke has raised tens of millions of yuan to focus on 'direct connection, price comparison, special sale and membership sharing', as it vows to disrupt OTAs’ dominance.