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WeChat innovates Mini Program, hints at travel services
01/09/2017|10:06:26 PM|
WeChat launched in-app service Mini Program (or XiaoChengXu in Chinese) on January 9. The “instant and disposable” service is deemed more suitable for travel companies as their business is more offline oriented and they are visited in app at lower frequencies.
China Car Experts raises RMB 2.15 billion in A+ and B rounds
12/28/2016|11:49:56 AM|
State-owned car rental company China Car Experts raised RMB 2.15 billion in its series A+ and B rounds. The company received RMB 800 million in its A round in October 2015.
Bike-sharing Ubike raises RMB 100 million in A+ round
12/15/2016|5:55:07 PM|
Shanghai-based Ubike announced on December 13 it has raised RMB 100 million from BlackholeCap in its series A+ funding round.
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.
Cruise travel from China surges 91% in 2016
01/23/2017|10:00:52 AM|
The number of cruise passengers from China surged 91% in 2016 to a record high of more than 2.12 million. Yet the industry has to grapple with issues of deteriorating experience and homogenized itineraries.
China’s outbound medical tours rise four folds in 2016
01/04/2017|10:16:52 AM|
A Ctrip medical tourism report shows that the number of Chinese travelers going on overseas medical tours in 2016 increased four folds against the year before.
China Eastern Airlines plans to spin off logistics business
12/08/2016|10:58:35 AM|
China Eastern Airlines is planning to transfer its stake in wholly-owned subsidiary China Eastern Airlines Logistics Co., Ltd. to another subsidiary of its parent holding company.
WeChat annual data shed light on Chinese travelers
01/03/2017|1:13:34 PM|
Some 90% of the Chinese travelers visiting the U.S. are from China's first-tier cities while around 41% of the travelers visiting Asian destinations are from China's second-tier cities.
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