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B&B booking platform Qmango sets up ￥500 million B&B investment fund

12/08/2017|8 years ago

Chinese B&B booking platform Qmango has completed a new round of financing, and subsequently set up a RMB 500 million investment fund for B&B management companies and other related business.

Mangocity gets capital injection for restructuring by two tour operators

12/30/2015|10 years ago

HKCTS is seeking strategic investment from Ming Trip and Ruiheng Investment Management for a capital restructuring of its OTA subsidiary Mangocity.

CTS and Mangocity merge for O2O integration

06/24/2015|10 years ago

HKCTS Group has merged its subsidiary CTS with OTA Mangocity with CEO Jinling Li , indicating that HKCTS is taking a big leap towards O2O integration.

Foreign players wary of B2C model, but B2B remains an attractive proposition

12/14/2015|10 years ago

Anyone can sell the way China’s local intermediaries have shaped up their selling platforms. It’s virtually a B2B2C model today, and foreign OTAs are keen on tapping it for outbound segment

Top Chinese outdoor and sports event organizer Huway gets US$6.44 million

07/13/2015|10 years ago

Huway has received RMB40 million (approx: US$6.44 million) from Mango Haitong Creative Arts Investment Fund in its A Series financing round.

China’s OTAs net US$14 billion in transactions in Q1 2015

05/18/2015|10 years ago

China’s OTA market recorded RMB87.5 billion in transactions during the first quarter of 2015 an increase q-o-q of 11.7% and 29.2% y-o-y.

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