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.
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.
Expedia believes it can lend a strong dimension to Chinese domestic intermediaries’ strategy to capitalize on demand for outbound travel .
The group now has over 500 employees based in China, 10 offices across the country with another two planned to open towards the end of the year.
Tnooz and TravelDaily China kicked off Tnooz's signature THack hackaton series in China, launching the THack China travel tech developer contest at the Alibaba HQ.
Qunar announced it has expanded its Board of Directors from seven to nine seats, and has appointed Liang Zeng, Yuming He, and Fang Wei from Baidu as directors.
GTA believes it is equipped with a strong blend of content and technology expertise to make the most of its presence in the B2B segment.
Qunar announced an organizational realignment designed to establish, elevate and empower three key business groups in support its strong growth trajectory.