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Tujia focused on nurturing and growing vacation rental business in China

Melissa Yang, co-founder and CTO, Tujia says the China market is in “early stages” when compared with Europe and the U. S.

12/19/2014|10:25:10 AM|ChinaTravelNews

US investor puts US$23 million on Qunar

Travel industry capital management company Par Capital Management has acquired 2.56 million of Qunar’s shares.

12/17/2014|5:31:11 PM|ChinaTravelNews

Wanda Tourism sees excellent growth in subsidiaries

Wanda Group’s tourism subsidiaries reported RMB1.71 billion revenues, equivalent to 24% of this year's annual revenue goal of RMB 7.125 billion.

12/17/2014|10:24:28 AM|ChinaTravelNews

Qunar’s new English sub-brand duplicates Alitrip’s branding

Qunar had quietly bought the qua.com domain name and released its own English brand even before the celebration of Alitrip’s (Chinese:Qua) launch wound down.

12/16/2014|10:09:16 AM|ChinaTravelNews

Qunar’s “customer poaching” heats up cutthroat OTA war

Qunar is tempting hotels’ with zero commission and e-currency for every converted booking. Customers and hotels stand to benefit from the campaign and Qunar will gain room nights, albeit at heavy campaign cost and no additional revenue.

12/15/2014|11:14:36 AM|ChinaTravelNews

Ctrip gives Tuniu US15 million boost

A recent visit by Tuniu COO Haifeng Yan to JD.com has raised speculation that JD.com might be an investor. A move that will further complicate the relationship among China's OTAs.

12/12/2014|11:07:02 AM|ChinaTravelNews

Lvyouquan raises RMB120 million

Shanghai-based Pipikou.com recently announced its B2B platform Lvyouquan successfully raised RMB120 million in its latest round of financing.

12/11/2014|11:17:36 AM|ChinaTravelNews
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