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Transparency in online medium exposes weak sales strategy

Discrepancy in pricing on different online platforms is prevalent in China. Hotel companies need to dig deeper to be in control of “selling-rates”.

04/06/2016|9:38:31 AM|ChinaTravelNews

Local travel service Yikuaiqu prepares New Third Board listing

Chinese local travel platform Yikuaiqu.com may become the first of its kind to get listed on the New Third Board. The company expects to be profitable within three years despite fierce competition in the segment

04/06/2016|11:23:53 AM|ChinaTravelNews

WeChat to roll out e-invoice solution for corporate travel

Top player in China’s social media network is joining hands with third-party service providers to explore a feasible solution for issuing e-invoice via the WeChat Wallet and Official Accounts

04/05/2016|10:12:15 PM|ChinaTravelNews

HNA-Caissa-led consortium to acquire 43.88% of FlightManager for RMB 933 million

A consortium led by HNA-Caissa and Caissa Sega, along with CAAC Private Equity Fund and Beijing CAAC HeYuan Investment, plans to invest RMB 933 million to acquire 43.88% shares of Shenzhen Huoli Tianhui Technology, the parent company of flight management App FlightManager.

03/25/2016|10:16:44 PM|ChinaTravelNews

LY.com partners with AnnualLeave in strategic investment for IP-based entertainment

LY.com announces that it has taken a stake in AnnualLeave and has become the company’s second largest shareholder. The equity participation is seen as LY.com’s major move to sharpen its strategy on IP-based entertainment.

03/24/2016|11:32:16 AM|ChinaTravelNews

Derysoft signs visual content distribution agreement with ice portal

This partnership will enable global hotel companies and others in the hospitality distribution industry that uses DerbySoft solutions to access ICE Portal’s comprehensive library of enhanced hotel visuals and meta data.

03/23/2016|11:15:33 AM|DerbySoft

Travelzen raises record RMB 600 million in C-round funding

Shortly after the dismantling of its VIE structure, Travelzen has received RMB 600 million in its C-round funding from a group of investors including Addor Capital, United Capital and EB Fortune.

03/23/2016|11:08:37 AM|ChinaTravelNews

Payments in China – it’s about dealing with a multitude of options

In today’s world of instant gratification, the experience during the check-out can make or break their business. Besides, there are multiple factors that airlines, hotels, OTAs and other travel e-commerce organizations need to deal with in order to ensure a transaction goes smoothly in the multi-channel, multi-device environment.

03/21/2016|11:19:47 AM|ChinaTravelNews
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