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UTour net profit drops 13.79% in first 9 months 2017
10/27/2017|6:41:17 PM|
In the first three quarters of 2017, UTour generated RMB 9.224 billion in operating income, and net profit attributable to shareholders was RMB 182 million, down 13.79% year on year.
Ctrip adds “Hotel Plus” to upsell hotel services
09/01/2017|10:18:35 AM|
Hotel upselling services provided by the OTA helps create a complete experience on one hand and improve incomes on the other.
Outbound FIT supplier platform LPT completes an angel round financing
08/25/2017|11:05:29 AM|
Lazy Pig Trip consolidates its platform for supplying fragmented destination products to support China’s OTAs, travel agencies and e-commerce merchants at the supply end, having completed a recent angel round financing.
Jin Jiang hotels’ operating revenue stands at RMB 10.03 billion
11/03/2017|9:08:35 PM|
In January-September, Jin Jiang International Hotels netted RMB 10.03 billion in operating revenue, up 32.86%, and the net profit attributable to the listed company was RMB 712 million, up 40.75%.
Finnair boosts ancillary sales with omni-channel and predictive analytics
09/27/2017|7:04:48 PM|
After partnering Alipay on in-flight payment, working with TravelSky on GDS-based ancillary sales, Finnair plans to bring its chatbot to WeChat and leverage predictive analytics for ancillaries growth.
How will OTAs cash in on the search windfall of WeChat?
09/30/2017|10:10:37 AM|
WeChat has replicated Baidu’s formula in creating the volume of flow with its searching function, but its advertising model on Tongcheng, eLong and other advertisers remains to be seen.
Overseas independent travel provider RRUU raises RMB 35 million
08/18/2017|3:19:00 PM|
RRUU has recently received RMB 35 million in its A+ round financing and is to complete the B-round financing later this year.
Joyu-Lvmama receives RMB 1 billion funding from Res Publica Holdings
09/27/2017|7:04:07 PM|
Chinese tourism platform Joyu Group announced that it has received RMB 1 billion for its online platform Lvmama, and that Res Publica Industry & Finance Holdings has become its new partner.
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