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Luxury lifestyle platform YHouse raises US$18 million

Luxury lifestyle online community YHouse has received funding of RMB120 million (approx: US$18.8 million) in its B Series financing round.

09/22/2015|6:47:36 AM|ChinaTravelNews

PGC trip planning service Youpu raises multi-million yuan financing

Youpu, a startup specializing in independent itinerary planning for outbound travel, announced it raised several million yuan in its A Series financing round.

09/22/2015|4:43:08 PM|ChinaTravelNews

New innovations take the stage at TravelDaily Lab

Finally, with bated breath, both the TravelDaily Innovator Award and People’s Choice Award of the event were presented to shopping site, shopnfly.

09/20/2015|10:30:26 AM|ChinaTravelNews

Capitalizing on the growth of Chinese outbound travel

TravelDaily Conference’s 1st roundtable discussed “how the world’s travel and tourism industry can capitalize on the growth of Chinese outbound travel.”

09/17/2015|11:15:34 AM|ChinaTravelNews

Tuniu sets up commercial factoring firms to boost capital support for industry

Tuniu became the first OTA stepping into the tourism factoring field as it announced on September 16 that it has been approved to establish two commercial factoring companies with an investment of RMB1.3 billion.

09/17/2015|3:32:14 PM|ChinaTravelNews

Priceline boosts equity in Ctrip to above 13%

Priceline has pumped more than US$100 million to buy Ctrip shares in the open market recently, boosting its holding in Ctrip to 13.44% as of September 14.

09/17/2015|8:59:16 AM|ChinaTravelNews

Smart itinerary planner Mioji set to publicize product with latest financing

Smart travel itinerary planner Mioji Travel had completed its B Round Financing raising US$20 million from lead investor BAI, and other investors including Morningside Venture Capital and DCM.

09/16/2015|10:59:04 PM|ChinaTravelNews

Technology and local partnership –that’s what Expedia is banking on in China

Expedia believes it can lend a strong dimension to Chinese domestic intermediaries’ strategy to capitalize on demand for outbound travel .

09/15/2015|10:59:51 PM|ChinaTravelNews
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