Lvmama parent company Joyu Group announced on January 3 that it has applied to be delisted from the New Third Board after one year of listing.
Hangzhou-based flight-sharing platform Apin.com announced on January 3rd it has secured RMB 120 million in its series B funding round.
Some 90% of the Chinese travelers visiting the U.S. are from China's first-tier cities while around 41% of the travelers visiting Asian destinations are from China's second-tier cities.
Guangzhou-based international flight metasearch engine iGola has netted RMB 130 million in the series A+ funding round.
Priceline Group's current Head of Strategy and Executive Vice President of Corporate Development Glenn Fogel has been named CEO of the company, effective January 1, 2017.
Expedia is on the way to becoming the world’s first $100 billion travel agency, a landmark it will achieve in the next few years, according to its chief executive.
Accommodation booking startup Xbed is raising RMB 50 million in its on-going Pre-A round that has Gobi Partners and QF Capital as lead investors.
Taiwan-based online travel company KKday received USD 7 million in series A+ round funding for further expansion in Asia.