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Qunar exits from NASDAQ, becomes subsidiary of a private firm
03/01/2017|9:40:59 AM|
Qunar announced to delist its ADSs on NASDAQ and become a wholly owned subsidiary of Ocean Management.
HNA Group to merge its technology and logistics units
02/10/2017|11:22:32 AM|
HNA Group plans to merge its eco-tech and logistics businesses into a new entity.
Tailored-trip startup UniqueWay receives RMB 50 million
02/16/2017|7:08:16 PM|
Operator of tailored overseas tours UniqueWay has raised RMB 50 million in its series B round from China National Petroleum Corporation (CNPC)’s investment fund.
China’s outbound medical tours rise four folds in 2016
01/04/2017|10:16:52 AM|
A Ctrip medical tourism report shows that the number of Chinese travelers going on overseas medical tours in 2016 increased four folds against the year before.
China’s tourism revenues top RMB 4.69 trillion in 2016
01/17/2017|5:43:45 PM|
China’s tourism revenues in 2016 is projected to have reached RMB 4.69 trillion, up by 13.6% YoY. The industry has contributed more than 10.26% to the country’s employment in the year.
Expedia will become world's first $100bn travel agency
12/12/2016|4:49:03 PM|
Expedia is on the way to becoming the world’s first $100 billion travel agency, a landmark it will achieve in the next few years, according to its chief executive.
Tuniu sells 46.5% more trips in Q3 2016
11/30/2016|7:31:56 PM|
Tuniu sold 46.5% more trips in third quarter of 2016 and narrowed down net loss from RMB 766.9 million in previous quarter to RMB 571.7 million this quarter.
Ctrip buys Skyscanner, reaps $4million net income in Q3
11/24/2016|1:46:43 PM|
Ctrip announces the deal to acquire UK-based travel search site Skyscanner. The company reaped USD 4 million net income in Q3 2016, after previous quarter's net loss with Qunar's consolidated results.
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