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CTS and Mangocity merge for O2O integration
06/24/2015
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11:54:10 AM
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HKCTS Group has merged its subsidiary CTS with OTA Mangocity with CEO Jinling Li , indicating that HKCTS is taking a big leap towards O2O integration.
B2B travel platform Zmyou raises US$8 million in Series A financing
06/24/2015
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10:04:47 AM
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Zmyou received an A Series investment worth RMB50 million, bringing the company’s estimated value to RMB300 million,
B2B ticket seller Piao Guanjia raises US$4.8 million in Pre-A financing
06/23/2015
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10:09:10 AM
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B2B ticket sales service Piao Guanjia announced it received RMB30 million of Pre-A round investment from three independent investors.
Alibaba forms local lifestyle platform JV with Ant Financial
06/23/2015
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10:08:56 AM
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Both parties will invest RMB3 billion in the Koubei platform that will leverage Alibaba’s gourmet platform and Ant Financial’s offline operations and management.
Baidu invests in two public transport Wi-Fi operators
06/09/2015
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7:08:17 AM
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Baidu, Alibaba and Tencent are eager for a slice of the Wi-Fi market as a POE, a source of users and customer behavior data and rich app showplace.
Tourism IT Fangcang raises almost US$10 million in Series A financing
05/13/2015
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10:30:15 AM
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Fangcang has raised RMB60 million in a Series A financing, the third round of investment for Fangcang in two years.
Overseas destination startup Haiwan gets Series B financing to start group buy abroad
06/08/2015
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7:11:08 AM
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Haiwan’s transactions are much larger compared with domestic groupbuy transactions as consumers are not as price conscious when purchasing abroad.
Joyu Group gets US$80 million investment from Jin Jiang International
06/01/2015
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9:14:22 PM
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Joyu Group has received a RMB500 million strategic investment from Jin Jiang International to help it establish the largest one-stop travel O2O group in China.
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