Search results for “Shenzhen”
Meituan realigns hotel & travel units, Alibaba and JD.com embark on hotels, and more
11/05/2018|10:49:13 AM|
Meituan Dianping has restructured its organizations and repositioned its hotel & travel businesses, Alibaba and JD.com made moves into the hotel sector and Didi will likely follow suit.
Visa application service 11visa.com raises RMB 60 million in Series B round
09/05/2018|5:23:47 PM|
The company aims to grow its revenues to over RMB 100 million (USD 14.6 million) this year.
How Lufthansa Innovation Hub is targeting travel and mobility tech space in China?
07/24/2018|7:50:34 AM|
China alone garnered 55% ($14 billion) of the global VC in the travel and mobility tech category last year. Lufthansa Group’s central digitization unit’s Managing Director, Gleb Tritus says if one would like to understand how we will get from A to B in the future, especially in the urban context, China is the right place to be.
China’s cruise industry projected to create 460 billion yuan by 2035
08/10/2018|9:19:56 AM|
Asia’s cruise market is sailing into a golden era, powered by significant growth in China. By 2035, China’s cruise industry is projected to generate 460 billion yuan in revenue.
China finds India’s OYO add 25,000 guest rooms in a month
08/08/2018|8:56:14 AM|
In July alone, OYO Rooms signed about 400 franchisees and added more than 25,000 rooms in China.
A fascinating tussle brews for outbound hotel distribution pie in China
07/13/2018|8:03:20 AM|
The battle to target a bigger pie of the outbound business featuring travelers from lower-tier cities in China is getting intense.
Tencent leads new funding in OYO, Chinese spends $45 billion to escape heat, and more
08/06/2018|11:58:59 AM|
Tencent Holdings is likely to inject $300-500 million into OYO Rooms. This summer, Chinese tourists will make about 500 million trips in July and August, and are expected to spend more than $45 billion.
Hotel vending machine supplier MoBianLi raises $1.85 million in funding
06/22/2018|5:00:51 PM|
MoBianLi supplies franchisees with machines for RMB 500-600, while the average market price is RMB 900-1200.
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