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Ctrip bullish over consolidated operating results with Qunar

Ctrip started to consolidate Qunar’s financial statements from the accounting perspective. The companies are hopeful of posting non-GAAP operating profit soon.

06/20/2016|10:15:11 AM|ChinaTravelNews

Tripb2b receives tens of millions of yuan in series A round

B2B travel platform Tripb2b announced on June 15 that the company has received tens of millions of yuan in its A-round funding. The funding that is purely financial investment was led by Yiyin Fund and followed by J-High Investment.

06/17/2016|9:43:19 AM|ChinaTravelNews

Directions raises millions of yuan in series Pre-A round

Outbound travel service platform Directions announced that it has closed its Pre-A round with millions of yuan from ONES Ventures. The money will be invested in product R&D and marketing.

06/16/2016|3:34:57 PM|ChinaTravelNews

China’s traveltech charts its own course, direct connect being a prime example

NDC is still a work in progress in China. But the likes of Alitrip, in conjunction with domestic carriers, have shown that blending mobile retail commerce and home-grown API is a prudent way.

06/23/2016|10:38:51 AM|ChinaTravelNews

Booking.com forges ahead with laser-sharp focus in China

China continues to witness lot of action in the distribution space, but Booking.com intends to chart its course for organic growth in an assiduous manner.

06/23/2016|10:38:30 AM|ChinaTravelNews

Data mining emerges as a key differentiator in B2B domain

Tourico’s burgeoning data mining initiative is helping Chinese intermediaries in improving upon their product offering by evaluating travel booking behavior. A detailed look at how business intelligence is paving way for competitive edge in the B2B domain.

06/15/2016|10:37:29 AM|ChinaTravelNews

Online short-term rental platform Iyumi raises RMB 100 million

Online short-term rental platform Iyumi (“寓米短租”) , which operates iyumi.com and Share Man Apartment and has cooperated with nearly 200 well-known property developers, announced that it has raised RMB 100 million.

06/07/2016|9:25:46 AM|ChinaTravelNews

Rruu.com receives RMB 15 million in series A round

Outbound O2O platform Rruu.com has raised RMB 15 million in its series A round, in which Lenovo's investment unit LeFund is the lead investor, and angel-round investor Initial Capital follows.

06/06/2016|9:40:41 AM|ChinaTravelNews
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