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Outbound FIT supplier platform LPT completes an angel round financing

Lazy Pig Trip consolidates its platform for supplying fragmented destination products to support China’s OTAs, travel agencies and e-commerce merchants at the supply end, having completed a recent angel round financing.

08/25/2017|11:05:29 AM|ChinaTravelNews

Caissa reports H1 operating revenue of RMB 3.405 billion, up 30.84%

Caissa reported 30.84% growth in operating revenue to ¥3.405 billion while catering services revenue grew 26.19% to ¥476 million, and its tourism business revenue was ¥2.92 billion, up 31.74%.

08/25/2017|9:34:23 AM|ChinaTravelNews

Utour reaps 3.875 billion yuan from outbound wholesale in H1 2017

In the first half of 2017, Utour chalked up total operating revenues of RMB 5.05 billion, up by 13.40%, and incomes of outbound wholesaling business grew by 13.11% to RMB 3.875 billion.

08/23/2017|7:08:47 PM|ChinaTravelNews

Overseas independent travel provider RRUU raises RMB 35 million

RRUU has recently received RMB 35 million in its A+ round financing and is to complete the B-round financing later this year.

08/18/2017|3:19:00 PM|ChinaTravelNews

Tuniu trims net loss to $39.9 million in Q2 2017

Tuniu's revenues from packaged tours rose 57.7% to USD 50.1 million in the second quarter. Net loss was further narrowed to USD 39.9 million, compared to net loss of RMB 756.9 million in Q2 2016.

08/17/2017|9:47:28 AM|ChinaTravelNews

Homestay management platform “Ebnb” raises RMB 20 million

Ebnb applies its specialized management capabilities to standardize the quality of homestay hardware and service in answer to prevalent issues of C2C homestay platforms.

08/15/2017|11:54:56 AM|ChinaTravelNews

Ctrip records 20 million room nights in July with lower-tier city strategy

Thanks to its successful strategy in lower-tier Chinese cities, Ctrip has achieved a record high of 20 million room nights of bookings in July.

08/11/2017|10:13:33 AM|ChinaTravelNews

Meituan Travel grosses 18 million room nights of hotel bookings in July

Meituan Travel registered more than 18 million room nights of hotel bookings in a single month in July, an increase of 50% year on year.

08/11/2017|8:06:20 PM|ChinaTravelNews
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