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MakeMyTrip's gross bookings rose 21.3%
02/06/2017|8:47:13 PM|
The Indian OTA generated revenue of USD 123.2 million in the quarter ended December 31, 2016, an increase of 38.6% YoY.
Island tour specialist Qulv raises USD 40 million in B round
01/06/2017|9:26:21 AM|
Island vacation platform Qulv announced on January 5 that it has received USD 40 million in its series B round funding.
Baidu Capital appoints Ctrip's former CSO Jenny Wu as first Managing Partner
11/23/2016|5:34:51 PM|
Baidu Capital appointed Ctrip's former CSO Jenny Wu as its first managing partner. The company will form a dedicated travel industry fund with Ctrip.
Ctrip invests in test-tube baby service provider IVF USA
11/23/2016|10:24:26 AM|
The strategic investment in test-tube baby technology provider enriches Ctrip’s medical travel contents and enables the OTA to get a stronger control on destination resources.
Ctrip will attain trillion-yuan GMV two years sooner – CEO Jane Sun
01/09/2017|6:37:42 PM|
Ctrip CEO Ms. Jane Sun said that the company will achieve its goal of reaching one-trillion-yuan GMV by 2018, instead of 2020 as previously anticipated.
FlightManager’s parent applies for New Third Board listing
12/01/2016|7:41:08 PM|
Shenzhen Huoli Tian Hui Technology, parent company of FlightManager, applied for a listing on the New Third Board.
Fosun spins off travel unit for IPO in 2020
12/01/2016|9:02:17 AM|
China’s private conglomerate Fosun International announced on November 29 that it will complete spin-off of its travel arm by the end of this year for a potential IPO in 2020.
DidaTravel inks strategic deal with China Comfort Travel
12/14/2016|11:12:32 AM|
ShenZhen DidaTravel Technology signed a strategic agreement with China Comfort Travel on their Supply Chain Ecosummit.
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