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Ctrip takes a big step in pursuit of going global
11/27/2016|9:50:20 AM|
Drifting away from intense competition in the domestic OTA market, Ctrip seems to have come a long way in a span of 18 months. The decision to acquire Skyscanner means Ctrip isn’t just a single market player anymore.
Hotel chain SunMei receives RMB 140 million in B round
12/28/2016|12:51:25 PM|
Hotel company SunMei announced that it has raised RMB 140 million in B round. The company was established in 2009 and was formerly known as Thank Inn.
China Car Experts raises RMB 2.15 billion in A+ and B rounds
12/28/2016|11:49:56 AM|
State-owned car rental company China Car Experts raised RMB 2.15 billion in its series A+ and B rounds. The company received RMB 800 million in its A round in October 2015.
Flight metasearch engine iGola raises RMB 130 million
12/22/2016|2:10:24 PM|
Guangzhou-based international flight metasearch engine iGola has netted RMB 130 million in the series A+ funding round.
China to spend over RMB 1 trillion on sports tourism
12/26/2016|11:44:19 AM|
China’s tourism and sports authorities are joining forces to boost the country’s sports-related tourism, aiming to yield 1 billion trips and more than RMB 1 trillion tourism receipts from this segment by 2020.
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.
Ctrip funds consumer finance company ShangCheng
11/29/2016|9:32:52 AM|
Ctrip has joined a group of investors including Bank of Shanghai to set up ShangCheng Consumer Finance. The bank has finance expertise while the OTA can contribute online data.
DidaTravel inks strategic deal with China Comfort Travel
12/14/2016|11:12:32 AM|
ShenZhen DidaTravel Technology signed a strategic agreement with China Comfort Travel on their Supply Chain Ecosummit.
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