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Rental and car share platform Woo Kong raises US$3 million angel investment
09/01/2015|6:04:55 PM|
O2O car sharing and hire platform Woo Kong has received a total of RMB20 million in angel investments from Buttonwood Capital and Jinkejun Capital.
Tuniu’s CEO rules out privatization amid globalization forays
08/06/2015|4:32:52 PM|
Tuniu’s CEO Donald Yu said it has no privatization plans but will accelerate its globalization strategy and aims to add 100 overseas destination centers overseas.
Uber launches UberPool carpool service in China as “Peoples’ Uber +”
08/27/2015|6:09:20 PM|
Uber has begun a trial run of new carpooling function “Peoples’ Uber +”, in the Shanghai. The function is said to able to help users save up to 30% on fares.
HK retail industry facing massive closures after drastic drop in mainland visitor number
08/27/2015|3:04:10 PM|
Arrivals to Hong Kong in the first half of 2015 grew only 2.8%, the slowest rate of growth since 2009 and retail industry is bracing itself for a wave of shop closures.
Dark horse Meituan overtakes Qunar with 33 million hotel room night sales
08/06/2015|4:33:02 PM|
After leveraging massive investment to capture first place in the lifestyle service segment, Meituan is eager to take down top OTA player for hotel bookings.
Chinese car rental companies need to explore supplementary distribution avenues
07/21/2015|9:39:22 PM|
Car rental operators in China are looking at strengthening their distribution mix and related technology expertise as they target newer ways of revenue generation.
Singapore Airlines seeks Chinese partner to expand in vast China market
08/20/2015|8:55:47 AM|
Singapore Airlines is searchig for regional partners and investors in APAC to spur its growth in the Chinese market.
Merger speculations ruled out for China’s top carriers
07/31/2015|8:56:34 PM|
Rumors of a merger of China’s top three carriers were laid to rest but the industry continues to speculate the carriers may consolidate their air cargo operations.
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