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Local travel startup Yikuaiqu raises US$4 million in A+ financing round
08/04/2015|5:29:36 PM|
Online local travel service Yikuaiqu announced it received RMB25 million (approx: US$4 million) in an A+ financing round.
Hotel cloud PMS provider Mingyan Software gets angel investment from Plateno Group
07/16/2015|11:49:14 AM|
Mingyan Software, developer of Diaotian Cloud Hotel PMS,signed an agreement to receive an angel investment from Plateno Group.
Power hungry Chinese car-hire apps turn a blind eye to driver scams
07/09/2015|10:08:44 AM|
As more drivers join a car hire platform, the platform will slowly gain leverage to shut down accounts of scamming drivers, thus reducing scamming.
Visa and destination travel platform Baicheng raises US$32 million
07/14/2015|10:03:32 AM|
Baicheng will extend its services from visa to specialized destination travel to grow from one million users to 10 million users.
China’s State Council policies to promote tourism investment and consumption
07/31/2015|8:58:24 PM|
PRC State Council has included policy for promoting tourism investment and consumptionon the agenda of its recent executive meeting.
Travel utility app There Travel raises US$1.9 million angel investment
07/13/2015|10:05:44 AM|
There Travel has received an angel investment of RMB12 million that it plans to use to fine-tune its products and develop the market, according to its CEO Ning Shi.
China needs to sharpen its focus in the arena of hotel distribution tech
07/12/2015|10:06:20 AM|
Hotels in China need to be equipped with better technology to manage a variety of systems such as PMS, CRS etc.
Korea expects full tourism recovery from MERS impact by August
07/28/2015|5:37:50 PM|
Korea’s tourism industry is emerging from the unexpected blow of MERS and anticipates a full recovery by August this year.
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