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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

Ctrip’s story isn’t just about growth, margins too coming into the picture

Post consolidation in the OTA space, Ctrip is not only focused on its market share and GMV, but it also looking at hiking the overall margin to improve the financial performance.

03/19/2016|11:20:10 AM|ChinaTravelNews

Taiwan OTA KKday raises USD 4.5 million in A-round funding

KKday, a Taiwan platform for independent travel, has received USD 4.5 million for its A-round funding. The funding will be invested in developing its presence in Southeast Asia.

03/17/2016|11:13:01 AM|ChinaTravelNews

Caissa joins HNA investment companies in RMB 1.2 billion LeSports funding

Caissa Touristic plans to inject RMB 600 million in Jiaxing Fund and become a limited partner of the fund set up by investment subsidiaries of HNA Group. The fund plans to invest RMB 1.2 billion on funding sport shows online service LeSports.

03/17/2016|11:13:15 AM|ChinaTravelNews

UTour may gain 10% shares plus a board seat in Ctrip's vacation business

UTour and Ctrip will undertake cross-shareholding of 10% stake in each other and the former might acquire a board seat in the latter's holiday unit after the UTour acquires Huayuan.

03/17/2016|9:33:15 AM|ChinaTravelNews
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