Search results for “China's tourism market”
HotelsNow raises multi-million yuan in another financing round
04/14/2016|9:25:59 AM|
HotelsNow announced that it had raised tens of millions of yuan in a new angel round of financing led by Beijing “Yi Yi Tian Shi”
CNTA: Chinese investors rushing to invest in Europe
01/29/2016|10:01:47 AM|
The full-on collaboration between the travel sectors of China and Europe has turned Europe into a “gold-rush” market for Chinese travel enterprises, which has been making diversified investment overseas.
Time for Chinese hotels to gear up for dynamic pricing
03/22/2016|11:08:55 AM|
In China, travel companies are still predominantly working on static rates. In fact, some of the Chinese OTAs work on this model too.
Travelzen raises record RMB 600 million in C-round funding
03/23/2016|11:08:37 AM|
Shortly after the dismantling of its VIE structure, Travelzen has received RMB 600 million in its C-round funding from a group of investors including Addor Capital, United Capital and EB Fortune.
Car tourism app Wandehai gets Pre-A financing round
01/04/2016|2:45:51 PM|
Drive and travel app Wandehai recently completed a Pre-A financing round led by Jin Huifeng Investment.
Travelport acquires third party distributor Galileo Japan
04/06/2016|10:30:21 AM|
Travel commerce platform provider further expands its presence in Japan, the world’s 3rd largest air travel market in terms of flights offered
Ctrip’s partner UTour plans full acquisition of HuaYuan
03/03/2016|6:18:43 PM|
Ctrip’s partner Beijing Utour International Travel Service Co Ltd (UTour) plans to buy out Huayuan International Travel (HuaYuan) for RMB 2.6 billion. The funds for the purchase will be raised by issuing 65.61 million shares at RMB 35.82 per share plus RMB 250 million in cash.
Tuniu forays into unchartered areas in addition to its tour packages offering
03/03/2016|6:18:58 PM|
How is the current crop of online travel companies in China trying to unlock additional profitability? How can the huge volume of traffic be better monetized by OTAs? Are all transactions 100% digital?
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