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B2B outbound tour platform Lixing raises US$1.6 million
07/17/2015|9:42:10 PM|
Lixing.Biz received an investment of RMB10 million from Buttonwood Capital to accelerate the creation of a outbound leisure travel platform.
Chinese tourism expenditure enjoys double-digit growth in first half of 2015
07/13/2015|10:05:54 AM|
China’s tourism expenditure grew 14.5% to reach RMB1.65 trillion while investment grew by 28% y-o-y to a total of RMB301.8 billion in the first half of 2015.
B2B travel platform Zmyou raises US$8 million in Series A financing
06/24/2015|10:04:47 AM|
Zmyou received an A Series investment worth RMB50 million, bringing the company’s estimated value to RMB300 million,
Breaking news: Jin Jiang Hotels and Plateno Group mull mega-merger
07/10/2015|10:07:39 AM|
ChinaTravelNews has learned exclusively that Jin Jiang Hotels will make a strategic investment in Plateno Group that will lead to the link-up of the two groups.
Non-ticket sales expected to add US$805 million revenue for China Eastern in 3 yrs
06/26/2015|5:05:19 PM|
China Eastern is using new technology to develop value-added customer service that is expected to generate non-ticket sales revenue of RMB5 billion in three years.
Uber boasts one million transactions a day in China
06/12/2015|7:12:17 AM|
CEO Travis Kalanick will personally monitor the daily developments in the local market “China is the number one priority for Uber’s global team,” he said.
IATA ranks China Southern third largest airline in the world
06/10/2015|8:14:55 PM|
China Southern Airlines has become the world’s third largest airline having carried more than 100 million passengers/trips annually, according to IATA.
Ctrip eyeing rewards from seeds sown over the years
05/15/2015|10:54:42 PM|
The Chinese online travel company believes its first quarter results are giving ample indication that its perseverance is about to pay off
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