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China Resources Fund makes strategic investment in Meituan-Dianping

Chinese Internet company Meituan-Dianping said on July 18 it has raised an undisclosed amount from China Resources Group in a fresh round of funding.

07/20/2016|3:05:49 PM|ChinaTravelNews

O2O player wanzhoumo.com completes an eight-digit series B round led by Momo

Shanghai-based O2O player wanzhoumo.com (“周末去哪儿”) announced on July 18 that it has completed an eight-digit series B round this February. The lead investor was Momo, China’s largest mobile-based social networking platform, and existing investors Blue Lake Capital (“蓝湖资本”) and Matrix Partners (“经纬创投”) also joined.

07/19/2016|9:28:25 AM|ChinaTravelNews

B2B online hotel direct sales platform Ziztour completes an eight-digit series B round

Ziztour, a B2B online hotel direct sales platform, has completed an eight-digit series B round led by LB Investment, a Korean private equity firm, and joined by Legend Capital (“君联资本”) and Cheng Lan Capital (“城蓝资本”).

07/08/2016|9:13:16 AM|ChinaTravelNews

Zhubaijia announces RMB 500 million private placement plan

China's home-rental Zhubaijia plans a private offering of less than 23,397,300 shares at around 21.37 yuan to 35.61 yuan per share, to raise RMB 500 million.

07/07/2016|10:54:06 AM|ChinaTravelNews

Tripvip raises millions of yuan in series A round

Tripvip announced that it has received millions of yuan in its series A round. The outbound destination startup offers select and personalized itineraries.

06/28/2016|10:15:16 AM|ChinaTravelNews

eLong wins hotel booking portal of WeChat Wallet

In the midst of its privatization for a domestic listing, eLong recently got its hotel reservation service listed on WeChat Wallet.

06/24/2016|10:01:29 AM|ChinaTravelNews

Tujia acquires Mayi in strategic tie-up with 58 Inc.

Tujia has fully acquired Mayi.com, and has made Mayi’s former controlling shareholder 58.com Inc. a new shareholder of Tujia.

06/22/2016|10:18:06 AM|ChinaTravelNews

Cncn Travel is to close series B round

Cncn Travel is close to completing its series B round. Whether the company will speed up its expansion after the capital injection remains to be seen.

06/20/2016|9:42:47 AM|ChinaTravelNews
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