Travel wholesale ecommerce and O2O platform Ilvyou announced it received RMB55 million in its A Series financing round, from lead investor CHC Capital.
Priceline purchased from 5,600 to 129,200 of Ctrip’s ADS which brings Priceline’s holdings stake in Ctrip up to 12.63% in total.
Group buy platform Meituan and ratings platform Dianping are seeking to raise US$2-3 billion from investors.
Alitrip has announced it is forming a partnership withTravel Sina to combine Alitrip’s powerful platform with Weibo’s content data.
More and more travel companies are looking at alternative form of payments (AFPs) such as Alipay, offering Chinese consumers a diverse set of payment options.
How are travel companies trying to be smarter with personalisation? We learn from Dave O’Flanagan, co-founder and CEO of Boxever.
The scale of transactions in China’s online travel industry reached RMB307.79 billion in 2014, up 38.9% from the previous year.
Maitao has made a full acquisition of Wuhan-based Daocaoren Camp and converted it into its Wuhan “branch”.
