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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.
Smart itinerary planner Mioji set to publicize product with latest financing
09/16/2015|10:59:04 PM|
Smart travel itinerary planner Mioji Travel had completed its B Round Financing raising US$20 million from lead investor BAI, and other investors including Morningside Venture Capital and DCM.
iOS 9.2 supports UnionPay via Apple Pay in China
12/10/2015|12:02:30 PM|
As Apple launches iOS 9.2 in China, netizens have found that Apple Pay supports UnionPay, making it possible to use Apple Pay domestically.
Korean online booking site for Chinese Zaiseoul raises US$3 million
09/21/2015|6:48:54 AM|
Zaiseoul, a Korean tourism service for Chinese visitors, announced it received US$3 million from Korea-based NICE Group in a Series A financing round.
Spring Airlines to raise US$703 million in private offering to expand fleet
12/04/2015|5:59:16 PM|
Spring Airlines announced its application for a private offering of A shares has been approved by the China Securities Regulatory Commission.
China Southern increases holding in Xiamen Air by 4% for US$97 million
12/09/2015|6:12:22 PM|
China Southern Airlines has made a deal to take an additional 4% holding of Xiamen Air from the other Xiamen Air shareholder, Xiamen C&D Corp, for RMB627 million.
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