Search results for “business expansion”
Tujia to acquire homestay business of Ctrip and Qunar
10/24/2016|7:31:12 PM|
Vacation rental platform Tujia announced on October 20 a strategic agreement to acquire the apartment and house rental operation of China’s OTAs Ctrip and Qunar.
Travel industry posts huge gains in top 100 Chinese brands valuation
09/18/2016|10:36:12 AM|
Study shows Air China ranks 19 in brand value, a YoY increase of 26%; Home Inn 74,a YoY increase of 3% and Ctrip 44, a YoY increase of 40%.
Alitrip launches VR view for mid- and up-scale hotels
09/30/2016|2:04:15 PM|
Alitrip launched 360-degree panoramic VR viewing of hotels listed on its platform. This is expected to help mid to upper range hotels increase booking conversion.
XiaoMing Bike secures a millions-of-yuan angel round
09/29/2016|3:48:40 PM|
Following bike rental ofo’s millions-of-dollar round backed by Didi Chuxing and recent financing of Mobike and YouBai, peer XiaoMing Bike also raised millions of yuan in an angel round.
Amadeus gears up for a bigger chunk of China’s travel pie
06/07/2016|10:13:58 AM|
Amadeus has made significant headway in China, both with its distribution and IT solutions. The group has diligently aligned itself to experience the benefits of further deregulation steps.
Online apartment service provider mamahome completes A-round funding
09/14/2016|9:26:39 AM|
Shanghai-based online apartment service provider mamahome announced on September 6 it has completed its A-round funding, with City Developments Limited making a strategic investment in the company.
Ctrip gains from virtuous cycle in a category that continues to grow
09/02/2016|11:47:07 PM|
Ctrip asserts the one-stop travel shopping model is suave, and the scale that can be achieved will be significant going forward.
Meituan-Dianping reportedly mulls hotel unit spin-off for independent financing
08/25/2016|10:49:10 AM|
Meituan-Dianping would have to spin off its hotel business as the company was expected to run out the 3.3 billion dollars raised in its series E round within 1.5 years.
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