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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
China Southern sets new rules for ticketing agents and raises direct sales over 10%
05/27/2015|4:56:25 PM|
China Southern revenues from direct sales grew by 38% y-o-y in the first quarter of 2015, as it plans to lift the proportion of direct sales by 10% this year.
Tuniu targets a bigger service network expansion post $500m investment
05/26/2015|7:40:53 PM|
Tuniu is banking on its decision to expand regionally, and this is being accelerated post JD.com’s decision to be the largest shareholder in the company.
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