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Luxury lifestyle platform YHouse raises US$18 million
09/22/2015|6:47:36 AM|
Luxury lifestyle online community YHouse has received funding of RMB120 million (approx: US$18.8 million) in its B Series financing round.
Didi Kuaidi launches bus charter option on its Didi Bus service
12/10/2015|12:02:07 PM|
Didi-Kuaidi has introduced a new Didi Bus charter option on December 9. The service is now availablein Beijing and Shenzhen.
Tuniu gets US$500 million investment from HNA Tourism
11/24/2015|6:21:14 PM|
HNA Tourism is expected to invest US$500 million in Tuniu through the acquisition of Tuniu’s newly issued Class A ordinary shares.
Custom travel platform Uthing raising RMB100 million
12/08/2015|5:48:58 PM|
Customized travel platform Uthing has completed a B Series financing and raised funding to the tune of RMB100 million.
Devalued ruble boosts Chinese visitor numbers to Russia
12/17/2015|12:51:54 PM|
Depreciation of the Russian ruble leading to 20% drop in overall prices of Russia’s tourism products this yearand a significant increase in Chinese tourists to Russia.
Ctrip reports 49% growth y-o-y in net revenue for Q3
11/19/2015|1:47:24 PM|
Net income attributable to Ctrip's shareholders was RMB2.4 billion for Q3 of 2015, compared to RMB217 million in the same period in 2014.
China outbound travel surges to 120 million trips with strong demand for shopping
12/08/2015|5:53:12 PM|
China is world’s largest outbound travel market for the third year runnning, as the growth rate for outbound travel volume is expected to reach 16% this year.
Chinese government to permit more duty-free stores openings
12/07/2015|5:56:34 PM|
More duty free stores will be opened in China to offer Chinese shoppers’ greater access to imported goods and open up import channels to satisfy demand.
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