Search results for “Outbound tourism”
Ctrip unfazed by macro uncertainty, rather primed for further growth
11/12/2018|3:54:18 PM|
Asserting that Ctrip historically has outpaced China's GDP growth by a factor of four, the senior management believes the future remains bright, bolstered by robust position in the domestic market and ability to capitalize on opportunities presented by globalization.
Sino-US travel hit by trade war, Tencent to buy $400m stake in Meituan IPO, and more
09/03/2018|10:51:01 AM|
Chinese tourists to Russia increased by 150% in January-July 2018. Weekly travel bookings from China to the US dropped by 8.4%. Meituan is to go public in Hong Kong on Sept. 20, and Tencent plans to buy $400 million worth of shares in the IPO.
Tourist equipment rental platform Hainiaowo raises million dollars in Series A+ round
09/05/2018|5:21:05 PM|
The company allows users to rent digital equipment such as cameras, WiFi routers and diving equipment for a duration of 7 to 10 days.
Outbound travel service provider Phoenix Tours closes RMB 700 million C round
11/07/2017|10:41:32 AM|
Outbound travel service provider Phoenix Tours announced that it has received RMB 700 million in its C round financing. It will continue to balance supply and demand with the funds raised.
Ctrip and Didi may invest in Indian firms, five OTAs corner 96.4% of Q2 hotel bookings, and more
09/13/2018|10:15:56 AM|
Ctrip is likely to invest $100 million in food-delivery platform Zomato and Didi is reported to back the Chinese business of OYO. Ctrip, Meituan, Qunar, Tongcheng-eLong and Fliggy accounted for 96.4% of Q2 hotel bookings.
Wedding travel specialist LoveJourney bags 8-digit funding
11/15/2017|1:37:45 PM|
LoveJourney, a Hangzhou-based online platform offering tailor-made wedding travels, has received tens of millions of yuan, which will be used on international content standardization and business development.
Outbound and inbound travels surge with China’s OBOR Initiative
10/20/2017|6:13:32 PM|
The One Belt One Road initiative attracted over 7 million visitors to China last year and 10 million Chinese travelers visited OBOR countries, up 71%, according to a Ctrip report.
Microsoft accelerator member Showboom banks 20 million yuan for travel
10/11/2018|12:03:19 PM|
Showboom Technology targets mid- to high-end outbound travelers with WiFi services, and it has launched travel phones and a mini-program.
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