A total of RMB550.29 billion worth of investments had been injected into China’s tourism industry in the first three quarters of the year.
517NA B2B online ticketing platform, announced it is transferring its shares to a public company system and is listing on China’s New Third Board.
Uroaming, an overseas WiFi service rental platform, announces today that it has raised over $10 million Series A+ funding from Steamboat Ventures and existing investor New Enterprise Associates.
Wechat’s third-party service provider Weimob announced it has already raised RMB500 million of the two billion yuan targeted for its C Series financing.
Tencent will soon complete an investment of US$1 billion in the newly merged Meituan-Dianping. The new company’s is valued at US$20 billion.
As the final chapter of the bitter rivalry between Ctrip and Qunar ends, the next question to consider is: Who will be the next challenger to an all-powerful Ctrip?
China’s greatest OTA rivalry ends as Ctrip and Qunar merge with the help of search engine giant Baidu.
TravelDaily China led a delegation of Ctrip, Alitrip, Yiqifei and JointWisdom to spak at the ITB Asia conference.