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Hostel brand ShiLiLi raises RMB 100 million

02/14/2017|9:18:45 AM|

Honeymoon accommodation and hostel brand ShiLiLi announced in a Shenzhen press conference today that the company received RMB 100 million last November.

China Eastern partners with China Telecom to offer in-flight internet service

11/09/2015|5:51:43 PM|

China Eastern will become the first Chinese carrier to offer commercial inflight internet service on long-haul international flights as it partners with China Telecom.

China’s Airbnb Xiaozhu raises US$60 million in C Series financing round

07/08/2015|6:09:19 PM|

China’s short-term rental service Xiaozhu has received US$60 million for its Series C financing round, its largest funding yet, led by Joy Capital.

Alibaba forms local lifestyle platform JV with Ant Financial

06/23/2015|10:08:56 AM|

Both parties will invest RMB3 billion in the Koubei platform that will leverage Alibaba’s gourmet platform and Ant Financial’s offline operations and management.

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