Search results for “expansion”
WeChat marketing specialist Zhiketong raises 300 million yuan led by Sequoia Capital China
08/23/2019|2:02:19 PM|
Zhiketong has raised nearly RMB 480 million in total since its incorporation in December 2014.
Huazhu net revenue rises 14.2% to $356 million in Q1
05/23/2019|7:31:53 AM|
Hotel turnover increased 17% to RMB7.2 billion. Net revenues from manachised and franchised hotel were RMB1.7 billion (US$257 million), representing a 15.2% year-over-year increase.
Customized travel booking platform T-Bird acquires Haiyou
09/12/2019|5:37:56 PM|
T-Bird acquired Shanghai Haiyou to integrate resources and make the pie of customized travel bigger. More potential acquisitions are said to be in the pipeline.
Three Major Airlines in China net RMB 6.8 billion with net profit decrease in H1 2019
09/04/2019|6:26:13 PM|
China Southern Airlines, Air China and China Eastern Airlines reported revenue growth and netted 197.036 billion yuan collectively, but net profit attributable to shareholders of listed companies was down, at a total of 6.772 billion yuan.
Amadeus addresses four converging trends to sustain its edge
08/09/2019|6:31:36 PM|
Consumer channels, distribution integration, merchandising and emerging technologies are shaking up the travel sector.
Virtual interlining model for hotels – set to compete with OTAs?
09/02/2019|5:24:45 PM|
Travelers generally find it tough to be flexible with their accommodation requirements in one itinerary. For instance, the idea of choosing different hotels in one location at one go or choosing different room options in one hotel to avoid the sold-out situation.
China’s Airbnb Tujia acquires Fishtrip for overseas expansion
01/31/2018|4:27:02 PM|
With the addition of Fishtrip, Tujia is now connected to nine online property platforms including Tujia itself, Mayi, Ctrip, eLong, Qunar, 58.com-Ganji, WeChat Hotel and Zhima Credit.
Travel photography platform Roto Travel raises 50 million yuan in funding
08/12/2019|11:10:10 AM|
Roto Travel will use the proceeds to consolidate existing business and establish a travel content portal and community by pooling together travel resources and travel photography KOLs.
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