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Online hostel booking platform QmanGo completes a new round of investment
05/31/2016|9:28:27 AM|
Online hostel booking platform QmanGo has won investment from Million Tons Capital and KeyTone Ventures in its latest investment round.
Travel industry veterans discuss the competition landscape after industry consolidation
05/19/2016|3:06:53 PM|
This year’s China Hotel and Marketing Conference hosted by ChinaTravelNews announced its grand opening yesterday in Shanghai.
HNA to tap Asia’s short-haul travel, partnering French vacation operator
07/08/2016|9:41:06 AM|
HNA PV Tourism plans to roll out five projects in three years to build holiday resorts near first-tier and second-tier Asian cities, to tap the booming short-haul market.
B2B online hotel direct sales platform Ziztour completes an eight-digit series B round
07/08/2016|9:13:16 AM|
Ziztour, a B2B online hotel direct sales platform, has completed an eight-digit series B round led by LB Investment, a Korean private equity firm, and joined by Legend Capital (“君联资本”) and Cheng Lan Capital (“城蓝资本”).
HNA Hospitality denies report of equity talks with AccorHotels
06/13/2016|10:36:17 AM|
HNA Hospitality, a HNA Group affiliate, told ChinaTravelNews on June 11 that the company was not, and had no plan of, negotiating to take a stake in AccorHotels, countering reports by French media.
UTour makes strategic investment in Yunnan outbound travel agency Joyer’s Journey
05/26/2016|10:05:44 AM|
Chinese outbound travel operator UTour has entered into a strategic investment agreement with Yunnan outbound travel agency Joyer’s Journey (“卓越之旅”) to expand its outbound travel retailing market in Yunnan province.
Zhubaijia announces RMB 500 million private placement plan
07/07/2016|10:54:06 AM|
China's home-rental Zhubaijia plans a private offering of less than 23,397,300 shares at around 21.37 yuan to 35.61 yuan per share, to raise RMB 500 million.
Outdoor product brand Toread raises RMB 1,270 million
06/03/2016|4:54:53 PM|
Outdoor product brand Toread has completed its private placement to raise RMB 1,270 million to fund the development of its cloud-based programs, outdoor exercise O2O platforms, outdoor product e-commerce programs and outdoor safety service platforms.
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