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Flats brand Memor Home closes million-yuan A round backed by Poly Group

Apartment rental brand Memor Home announced that it has raised millions of yuan in its A round funding backed by real estate conglomerate Poly Group’s investment arm.

03/20/2017|10:03:52 AM|ChinaTravelNews

Hemei to buy 60% of travel platform Xintu for 80 million yuan

Hemei Tourism, a subsidiary of trading and tourism company Hemei Group, plans to spend RMB 80 million to acquire a 60% stake in Shanghai Xintu, on which B2B travel platform Tripb2b will build a new platform.

03/15/2017|11:01:51 AM|ChinaTravelNews

HotelGG’s subsidiary DeJa Equipment Leasing raises multi-million yuan

Conference venue booking platform HotelGG announced its subsidiary DeJa Equipment Leasing, an event LED rental provider, has completed a financing round of tens of millions of yuan.

03/10/2017|5:08:05 PM|ChinaTravelNews

ANA sets up shopping portal in Chinese, using WeChat as payment means

All Nippon Airways will launch Chinese-language shopping website ANA Cargo Direct Mail this month, and WeChat Pay has been appointed its exclusive third-party payment operator.

03/09/2017|10:19:04 AM|ChinaTravelNews

Travel-share platform TangGuo raises 100 million yuan in A round

Travel and accommodation sharing platform TangGuo received RMB 100 million in its A round. The company has 130,000 listings encompassing villas, homestays and apartments in 218 cities worldwide.

03/08/2017|9:57:39 AM|ChinaTravelNews

Ctrip invests in boutique hotel operator Lagom

Ctrip has made a strategic investment in boutique hotel and alternative accommodation brand Lagom, according to Lagom’s announcement. The online travel giant also invested in boutique chain Jiuqi last September.

03/07/2017|3:05:30 PM|ChinaTravelNews

Qunar exits from NASDAQ, becomes subsidiary of a private firm

Qunar announced to delist its ADSs on NASDAQ and become a wholly owned subsidiary of Ocean Management.

03/01/2017|9:40:59 AM|ChinaTravelNews

Tuniu posts $2.9 billion total travel GMV in 2016

Tuniu reported a 66.0% rise in total travel GMV to RMB20.0 billion (USD 2.9 billion) in 2016, according to its unaudited financial results for the fourth quarter and full year of 2016.

03/01/2017|10:22:55 AM|ChinaTravelNews
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