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Alibaba forms local lifestyle platform JV with Ant Financial

06/23/2015|10:08:56 AM|

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.

CTS and Mangocity merge for O2O integration

06/24/2015|11:54:10 AM|

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.

Baidu invests in two public transport Wi-Fi operators

06/09/2015|7:08:17 AM|

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|10:30:15 AM|

Fangcang has raised RMB60 million in a Series A financing, the third round of investment for Fangcang in two years.

Travel O2O Yododo raises Series B financing from Indonesian media corp

04/21/2015|3:15:29 PM|

O2O travel startup Yododo has received a Series B financing round from Indonesian media corporation MNC Group.

Caissa Touristic uses shell company Easy Food to go public

04/20/2015|3:16:48 PM|

Publicly listed Easy Food will issue 432 million shares to give HNA Tourism majority control and make it a shell for HNA subsidiary Caissa Touristic.

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