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China's largest capsule hotel chain SCH gets Series A financing
05/13/2015|10:30:04 AM|
SIMPLE Capsule Hotel has won a joint investment from Shanshan Ventures and PIF in its Series A financing round.
Tongcheng and eLong connect WeChat Wallet services following merger
01/25/2018|9:11:09 AM|
The integration of the “Rail & Flights” option and the “Hotels” option in the WeChat “Wallet” is a significant step forward for the merger in sharing resources.
Homestay brand Locals brings in 100m yuan, eyeing new retail & urban travel
03/12/2018|1:54:45 PM|
Locals currently has more than 10,000 boutique listings in 55 cities, and plans to enlarge the pool to 50,000 properties to receive 20 million guests, and achieve 2 billion yuan in GMV in 2018.
Mobile Internet provider SKYROAM closes its $20 million financing round
03/12/2018|1:43:53 PM|
With its self-developed and patented virtual SIM (vSIM) technology, the outbound WiFi business of SKYROAM has tens of millions of global users and is currenlty profitable.
Alipay partners Global Tax Free to roll out tax refund service in Singapore
02/09/2018|4:17:26 PM|
Alipay has rolled out the tax refund service in 20 countries worldwide, including South Korea and Germany. Singapore is the first country in Southeast Asia to implement the Alipay tax refund scheme.
China airlines receive 46.47 million passengers in January 2018, up by 5.7%
02/13/2018|1:06:42 PM|
In January, the passenger volume of domestic routes grew by 6.5% while that of international routes fell by 0.7%. The volume in February is expected to resume double-digit growth, driven by the holiday traffic.
WandTrip wins 8-figure financing to tap alternative home-sharing business
02/06/2018|10:51:50 AM|
WandTrip has won multi-million yuan financing to tap the global alternative accommodation market worth $114.4 billion in 2017, and its compound annual growth rate topped 20% in the past six years.
Making travel simpler, cheaper – how’s the innovation coming along?
12/19/2017|2:08:43 PM|
Disruption of flight booking doesn’t come out of the blue. It’s a process.
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